Municipal Total Return Managed Accounts Portfolio
Portfolio of Investments April 30, 2021
(Unaudited)
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
LONG-TERM INVESTMENTS – 105.8% | ||||||
MUNICIPAL BONDS – 105.8% | ||||||
Alabama – 1.0% | ||||||
$3,980 | Baldwin County Public Building Authority, Alabama, Building Revenue Warrants, Jail Project, Series 2020, 4.000%, 3/01/45 | 3/30 at 100.00 | AA | 4,672,082 | ||
800 | Birmingham Airport Authority, Alabama, Airport Revenue Bonds, Series 2020, 5.000%, 7/01/34 – BAM Insured | 7/30 at 100.00 | AA | 1,039,192 | ||
1,270 | DCH Health Care Authority, Alabama, Healthcare Facilities Revenue Bonds, Refunding Series 2015, 5.000%, 6/01/33 | 6/25 at 100.00 | A | 1,440,713 | ||
2,660 | Huntsville Healthcare Authority, Alabama, Revenue Bonds, Series 2020B, 3.000%, 6/01/50 – AGM Insured (UB) (4) | 6/30 at 100.00 | AA | 2,827,181 | ||
Tuscaloosa County Board of Education, Alabama, Special Tax School Warrants, Series 2017: | ||||||
960 | 5.000%, 2/01/36 | 2/27 at 100.00 | AA- | 1,169,098 | ||
795 | 5.000%, 2/01/37 | 2/27 at 100.00 | AA- | 968,517 | ||
1,050 | 5.000%, 2/01/43 | 2/27 at 100.00 | AA- | 1,276,580 | ||
2,310 | University of South Alabama, University Facilities Revenue Bonds, Series 2019A, 5.000%, 4/01/39 – BAM Insured | 4/29 at 100.00 | AA | 2,891,473 | ||
13,825 | Total Alabama | 16,284,836 | ||||
Alaska – 0.6% | ||||||
1,100 | Alaska Housing Finance Corporation, General Obligation Bonds, State Capital Project II, Series 2015C, 5.000%, 6/01/31 | 12/25 at 100.00 | AA+ | 1,297,021 | ||
1,400 | Alaska Industrial Development and Export Authority, Power Revenue Bonds, Snettisham Hydroelectric Project, Refunding Series 2015, 5.000%, 1/01/30 (AMT) | 7/25 at 100.00 | Baa2 | 1,559,684 | ||
1,500 | Alaska Municipal Bond Bank, General Obligation Bonds, Three Series 2015, 5.250%, 10/01/31 | 4/25 at 100.00 | A+ | 1,736,160 | ||
2,860 | Anchorage, Alaska, Port Revenue Bonds, Series 2020A, 5.000%, 12/01/50 (AMT) | 12/30 at 100.00 | A | 3,428,654 | ||
1,000 | Northern Tobacco Securitization Corporation, Alaska, Tobacco Settlement Asset-Backed Bonds, Series 2006A, 5.000%, 6/01/46 | 5/21 at 100.00 | B3 | 1,012,570 | ||
7,860 | Total Alaska | 9,034,089 | ||||
Arizona – 1.3% | ||||||
Arizona Board of Regents, Arizona State University System Revenue Bonds, Series 2017A: | ||||||
1,000 | 5.000%, 7/01/36 | 7/24 at 100.00 | AA | 1,133,440 | ||
1,000 | 5.000%, 7/01/37 | 7/24 at 100.00 | AA | 1,133,440 | ||
1,250 | 5.000%, 7/01/38 | 7/24 at 100.00 | AA | 1,416,800 | ||
1,000 | Arizona Health Facilities Authority, Hospital Revenue Bonds, Banner Health Systems, Tender Option Bond Trust 3256 As of 6/4/2015 Converted to Trust 2015-XF2046, 17.732%, 1/01/43 (Pre-refunded 1/01/22), 144A (IF) (4) | 1/22 at 100.00 | AA- (5) | 1,129,490 |
1
Municipal Total Return Managed Accounts Portfolio
(continued)
Portfolio of Investments April 30, 2021
(Unaudited)
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Arizona (continued) | ||||||
Arizona Industrial Development Authority, Arizona, Education Facility Revenue Bonds, Basis Schools, Inc Projects, Series 2017D: | ||||||
$70 | 3.000%, 7/01/22, 144A | No Opt. Call | BB | 70,648 | ||
100 | 5.000%, 7/01/37, 144A | 7/27 at 100.00 | BB | 114,429 | ||
1,000 | Arizona Industrial Development Authority, Arizona, Education Facility Revenue Bonds, Basis Schools, Inc Projects, Series 2017G, 5.000%, 7/01/51, 144A | 7/27 at 100.00 | BB | 1,123,010 | ||
115 | Arizona Industrial Development Authority, Arizona, Education Revenue Bonds, Arizona Agribusiness and Equine Center, Inc Project, Series 2017B, 4.000%, 3/01/27, 144A | No Opt. Call | BB+ | 122,915 | ||
1,000 | Florence Town Inc, Industrial Development Authority, Arizona, Education Revenue Bonds, Legacy Traditional School Project - Queen Creek and Casa Grande Campuses, Series 2013, 6.000%, 7/01/43 | 7/23 at 100.00 | BB+ | 1,085,820 | ||
775 | Maricopa County Industrial Development Authority, Arizona, Hospital Revenue Bonds, HonorHealth, Series 2021A, 3.000%, 9/01/39 | 3/31 at 100.00 | A+ | 838,767 | ||
1,325 | Maricopa County Industrial Development Authority, Arizona, Revenue Bonds, Banner Health, Variable Rate Demand Series 2019F, 3.000%, 1/01/49 | 7/30 at 100.00 | AA- | 1,392,257 | ||
Phoenix Civic Improvement Corporation, Arizona, Airport Revenue Bonds, Junior Lien Series 2015A: | ||||||
3,450 | 5.000%, 7/01/35 | 7/25 at 100.00 | A1 | 3,996,928 | ||
1,000 | 5.000%, 7/01/45 | 7/25 at 100.00 | A1 | 1,158,530 | ||
1,000 | Phoenix Civic Improvement Corporation, Arizona, Airport Revenue Bonds, Refunding Senior Lien Series 2013, 5.000%, 7/01/28 (AMT) | 7/23 at 100.00 | Aa3 | 1,094,880 | ||
250 | Phoenix Industrial Development Authority, Arizona, Education Facility Revenue Bonds, Great Hearts Academies - Veritas Project, Series 2012, 6.000%, 7/01/32 (Pre-refunded 7/01/21) | 7/21 at 100.00 | N/R (5) | 252,273 | ||
225 | Phoenix Industrial Development Authority, Arizona, Education Facility Revenue Bonds, Great Hearts Academies Project, Series 2014A, 5.000%, 7/01/44 | 7/24 at 100.00 | BBB- | 242,024 | ||
130 | Pima County Industrial Development Authority, Arizona, Charter School Revenue Bonds, Cambridge Academy-East, Inc Project, Series 2010, 5.875%, 4/01/22 (6) | 6/21 at 100.00 | N/R | 130,070 | ||
410 | Pima County Industrial Development Authority, Arizona, Education Facility Revenue Bonds, San Tan Montessori School Project, Series 2017, 6.750%, 2/01/50, 144A | 2/28 at 100.00 | N/R | 466,158 | ||
Yavapai County Industrial Development Authority, Arizona, Education Revenue Bonds, Arizona Agribusiness and Equine Center Inc Project, Refunding Series 2015A: | ||||||
180 | 3.900%, 9/01/24, 144A | No Opt. Call | BB+ | 187,175 | ||
1,500 | 5.000%, 9/01/34, 144A | 3/25 at 100.00 | BB+ | 1,633,635 | ||
60 | Yavapai County Industrial Development Authority, Arizona, Education Revenue Bonds, Arizona Agribusiness and Equine Center Inc Project, Series 2012, 4.625%, 3/01/22, 144A | No Opt. Call | BB+ | 61,555 | ||
1,000 | Yuma Industrial Development Authority, Arizona, Hospital Revenue Bonds, Yuma Regional Medical Center, Series 2014A, 5.000%, 8/01/24 | No Opt. Call | A | 1,145,240 | ||
17,840 | Total Arizona | 19,929,484 |
2
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Arkansas – 0.3% | ||||||
Gravette School District 20, Benton County, Arkansas, General Obligation Bonds, Refunding Series 2020: | ||||||
$1,025 | 2.000%, 6/01/27 | 12/25 at 100.00 | Aa2 | 1,075,973 | ||
655 | 2.000%, 6/01/29 | 12/25 at 100.00 | Aa2 | 678,246 | ||
1,985 | Little Rock School District, Pulaski County, Arkansas, General Obligation Bonds, Refunding Series 2019, 3.000%, 2/01/28 | 8/24 at 100.00 | Aa2 | 2,120,972 | ||
550 | Saint Francis County, Arkansas, Sales and Use Tax Bonds, Series 2020, 4.000%, 8/01/27 – BAM Insured | 8/26 at 100.00 | AA | 638,952 | ||
4,215 | Total Arkansas | 4,514,143 | ||||
California – 9.1% | ||||||
100 | Alum Rock Union Elementary School District, Santa Clara County, California, General Obligation Bonds, 2012 Election Series 2016C, 5.000%, 8/01/32 | 8/25 at 100.00 | A1 | 118,035 | ||
125 | Bay Area Toll Authority, California, Revenue Bonds, San Francisco Bay Area Toll Bridge, Series 2012F-1, 5.000%, 4/01/22 | No Opt. Call | AA | 130,606 | ||
100 | California Educational Facilities Authority, Revenue Bonds, Loma Linda University Series 2017A, 5.000%, 4/01/35 | 4/27 at 100.00 | A | 119,629 | ||
655 | California Educational Facilities Authority, Revenue Bonds, Stanford University, Series 2013-U3, 5.000%, 6/01/43 | No Opt. Call | AAA | 980,299 | ||
5,000 | California Health Facilities Financing Authority, California, Revenue Bonds, Sutter Health, Refunding Series 2017A, 5.000%, 11/15/38 (UB) (4) | 11/27 at 100.00 | A1 | 6,198,650 | ||
1,185 | California Health Facilities Financing Authority, Revenue Bonds, Adventist Health System/West, Refunding Series 2016A, 4.000%, 3/01/35 | 3/26 at 100.00 | A+ | 1,330,494 | ||
205 | California Health Facilities Financing Authority, Revenue Bonds, Children's Hospital Los Angeles, Series 2017A, 5.000%, 8/15/35 | 8/27 at 100.00 | BBB+ | 244,750 | ||
5,000 | California Health Facilities Financing Authority, Revenue Bonds, Kaiser Permanente System, Series 2017A-2, 4.000%, 11/01/38 (UB) (4) | 11/27 at 100.00 | AA- | 5,806,000 | ||
California Health Facilities Financing Authority, Revenue Bonds, Lucile Salter Packard Children's Hosptial at Stanford, Series 2017A: | ||||||
775 | 5.000%, 11/15/37 (UB) (4) | 11/27 at 100.00 | AA- | 941,509 | ||
1,000 | 5.000%, 11/15/42 (UB) (4) | 11/27 at 100.00 | AA- | 1,203,560 | ||
170 | California Municipal Finance Authority Charter School Revenue Bonds, Albert Einstein Academies Project, Series 2013A, 6.000%, 8/01/23 | No Opt. Call | BB | 180,200 | ||
100 | California Municipal Finance Authority Charter School Revenue Bonds, River Charter Schools Project, Series 2018A, 5.500%, 6/01/38, 144A | 6/26 at 100.00 | BB | 111,485 | ||
1,180 | California Municipal Finance Authority, Charter School Revenue Bonds, Palmdale Aerospace Academy Project, Series 2016A, 5.000%, 7/01/36, 144A | 7/26 at 100.00 | BB | 1,314,036 | ||
California Municipal Finance Authority, Charter School Revenue Bonds, Partnerships to Uplift Communities Project, Series 2012A: | ||||||
175 | 4.750%, 8/01/22 | No Opt. Call | BB | 181,108 | ||
675 | 5.000%, 8/01/32 | 8/22 at 100.00 | BB | 692,462 | ||
480 | California Municipal Finance Authority, Charter School Revenue Bonds, Rocketship Education?Multiple Projects, Series 2014A, 6.000%, 6/01/23 | 6/22 at 102.00 | N/R | 503,928 |
3
Municipal Total Return Managed Accounts Portfolio
(continued)
Portfolio of Investments April 30, 2021
(Unaudited)
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
California (continued) | ||||||
$735 | California Municipal Finance Authority, Mobile Home Park Revenue Bonds, Caritas Affordable Housing Inc Projects, Senior Series 2014A, 5.000%, 8/15/30 | 8/24 at 100.00 | A- | 815,328 | ||
685 | California Municipal Finance Authority, Mobile Home Park Revenue Bonds, Caritas Projects Series 2017A, 5.000%, 8/15/30 | 8/27 at 100.00 | A- | 828,720 | ||
California Municipal Finance Authority, Revenue Bonds, Eisenhower Medical Center, Refunding Series 2017A: | ||||||
1,000 | 5.000%, 7/01/29 | 7/27 at 100.00 | Baa2 | 1,211,010 | ||
3,015 | 5.000%, 7/01/33 | 7/27 at 100.00 | Baa2 | 3,597,769 | ||
1,750 | 4.000%, 7/01/42 | 7/27 at 100.00 | Baa2 | 1,875,807 | ||
6,735 | California Municipal Finance Authority, Revenue Bonds, Linxs APM Project, Senior Lien Series 2018A, 5.000%, 12/31/36 (AMT) | 6/28 at 100.00 | BBB- | 8,233,133 | ||
890 | California Municipal Finance Authority, Revenue Bonds, Southern California Institute of Architecture Project, Series 2017, 5.000%, 12/01/39 | 12/27 at 100.00 | BBB+ | 1,023,740 | ||
1,060 | California School Finance Authority School Facility Revenue Bonds, KIPP LA Projects, Series 2015A, 3.625%, 7/01/25, 144A | No Opt. Call | BBB | 1,124,607 | ||
1,000 | California School Finance Authority, California, Charter School Revenue Bonds, Aspire Public Schools, Refunding Series 2015A, 5.000%, 8/01/35, 144A | 8/25 at 100.00 | BBB | 1,138,130 | ||
California School Finance Authority, California, Charter School Revenue Bonds, Aspire Public Schools, Refunding Series 2016: | ||||||
460 | 5.000%, 8/01/21, 144A | No Opt. Call | BBB | 465,065 | ||
330 | 5.000%, 8/01/24, 144A | No Opt. Call | BBB | 376,207 | ||
360 | 5.000%, 8/01/25, 144A | No Opt. Call | BBB | 423,108 | ||
790 | 5.000%, 8/01/26, 144A | 8/25 at 100.00 | BBB | 923,628 | ||
250 | 5.000%, 8/01/27, 144A | 8/25 at 100.00 | BBB | 290,978 | ||
1,000 | California School Finance Authority, California, Charter School Revenue Bonds, Aspire Public Schools, Series 2020A-3, 5.000%, 8/01/40, 144A | 8/28 at 100.00 | BBB | 1,208,340 | ||
1,485 | California School Finance Authority, Charter School Revenue Bonds, Classical Academies Project, Series 2017A, 5.000%, 10/01/37, 144A | 10/27 at 100.00 | BBB- | 1,754,037 | ||
755 | California School Finance Authority, Charter School Revenue Bonds, Coastal Academy Project, Series 2013A, 5.000%, 10/01/33, 144A | 10/22 at 100.00 | BBB- | 783,569 | ||
700 | California School Finance Authority, Charter School Revenue Bonds, Rocketship Education ? Obligated Group, Series 2016A, 5.000%, 6/01/31, 144A | 6/25 at 100.00 | N/R | 773,962 | ||
California School Finance Authority, Charter School Revenue Bonds, Rocketship Public Schools ? Obligated Group, Series 2017G: | ||||||
310 | 5.000%, 6/01/30, 144A | 6/27 at 100.00 | N/R | 358,720 | ||
325 | 5.000%, 6/01/37, 144A | 6/27 at 100.00 | N/R | 368,563 | ||
California School Finance Authority, School Facility Revenue Bonds, Alliance for College-Ready Public Schools Project, Series 2016C: | ||||||
510 | 5.000%, 7/01/21 | No Opt. Call | BBB | 513,351 | ||
640 | 5.000%, 7/01/22 | No Opt. Call | BBB | 669,094 | ||
1,075 | California School Finance Authority, School Facility Revenue Bonds, KIPP LA Projects, Series 2014A, 5.000%, 7/01/34 | 7/24 at 100.00 | BBB | 1,189,756 |
4
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
California (continued) | ||||||
$300 | California School Finance Authority, School Facility Revenue Bonds, KIPP LA Projects, Series 2017A, 5.000%, 7/01/25, 144A | No Opt. Call | BBB | 350,355 | ||
240 | California State Public Works Board, Lease Revenue Bonds, Various Capital Projects, Refunding Series 2017C, 5.000%, 3/01/29 | 3/27 at 100.00 | Aa3 | 298,344 | ||
5,000 | California State, General Obligation Bonds, Refunding Various Purpose Series 2017, 5.000%, 8/01/36 (UB) (4) | 8/26 at 100.00 | Aa2 | 6,060,400 | ||
235 | California State, General Obligation Bonds, Various Purpose Series 1997, 5.625%, 10/01/21 | 4/21 at 100.00 | AA+ | 240,318 | ||
1,400 | California State, General Obligation Bonds, Various Purpose Series 2021, 5.000%, 12/01/43 | 12/30 at 100.00 | Aa2 | 1,823,206 | ||
California Statewide Communities Development Authority, California, Redlands Community Hospital, Revenue Bonds, Series 2016: | ||||||
825 | 5.000%, 10/01/31 | 10/26 at 100.00 | A- | 982,171 | ||
830 | 5.000%, 10/01/32 | 10/26 at 100.00 | A- | 985,783 | ||
3,900 | California Statewide Communities Development Authority, California, Revenue Bonds, Loma Linda University Medical Center, Series 2016A, 5.000%, 12/01/36, 144A | 6/26 at 100.00 | BB | 4,439,058 | ||
165 | California Statewide Communities Development Authority, California, Revenue Bonds, Loma Linda University Medical Center, Series 2018A, 5.250%, 12/01/38, 144A | 6/28 at 100.00 | BB | 196,885 | ||
1,000 | California Statewide Communities Development Authority, Student Housing Revenue Bonds, University of California, Irvine East Campus Apartments, Phase IV-A CHF-Irvine, LLC, Series 2017, 5.000%, 5/15/36 | 5/27 at 100.00 | Baa1 | 1,190,900 | ||
4,000 | El Cajon Redevelopment Agency Successor Agency, San Diego County, California, Tax Allocation Bonds, Refunding Series 2018, 5.000%, 10/01/34 – BAM Insured | 10/28 at 100.00 | AA | 5,009,640 | ||
3,500 | Foothill-De Anza Community College District, Santa Clara County, California, General Obligation Bonds, Election of 2020 Refunding Series 2021A, 3.000%, 8/01/39 | 8/31 at 100.00 | AAA | 3,930,185 | ||
750 | Irvine, California, Special Tax Bonds, Community Facilities District 2004-1 Central Park, Series 2015A, 4.000%, 9/01/35 | 9/25 at 100.00 | N/R | 832,875 | ||
1,250 | Irvine, California, Special Tax Bonds, Community Facilities District 2013-3 Great Park, Improvement Area 4, Series 2016, 4.000%, 9/01/35 | 9/23 at 103.00 | N/R | 1,352,800 | ||
100 | Lake Tahoe Unified School District, El Dorado County, California, General Obligation Bonds, Refunding Series 2015, 4.000%, 8/01/21 | No Opt. Call | A1 | 100,927 | ||
125 | Livermore Valley Joint Unified School District, Alameda County, California, General Obligation Bonds, Refunding Series 2014, 5.000%, 8/01/21 | No Opt. Call | Aa3 | 126,445 | ||
50 | Long Beach Bond Finance Authority, California, Natural Gas Purchase Revenue Bonds, Series 2007A, 5.000%, 11/15/35 | No Opt. Call | A+ | 68,615 | ||
1,400 | Long Beach, California, Harbor Revenue Bonds, Series 2017, 5.000%, 5/15/29 (AMT) | 5/27 at 100.00 | AA | 1,722,756 | ||
Long Beach, California, Harbor Revenue Bonds, Series 2019A: | ||||||
2,500 | 5.000%, 5/15/44 (UB) (4) | 5/29 at 100.00 | Aa2 | 3,164,275 | ||
2,500 | 5.000%, 5/15/49 (UB) (4) | 5/29 at 100.00 | Aa2 | 3,145,450 | ||
Long Beach, California, Marina Revenue Bonds, Alamitos Bay Marina Project, Series 2015: | ||||||
320 | 5.000%, 5/15/24 | No Opt. Call | BBB | 359,306 | ||
745 | 5.000%, 5/15/26 | 5/25 at 100.00 | BBB | 858,359 |
5
Municipal Total Return Managed Accounts Portfolio
(continued)
Portfolio of Investments April 30, 2021
(Unaudited)
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
California (continued) | ||||||
$750 | Los Angeles Department of Airports, California, Revenue Bonds, Los Angeles International Airport, Senior Lien Series 2015D, 5.000%, 5/15/30 (AMT) | 5/25 at 100.00 | Aa2 | 872,228 | ||
Los Angeles Department of Airports, California, Revenue Bonds, Los Angeles International Airport, Subordinate Lien Series 2016B: | ||||||
2,200 | 5.000%, 5/15/33 (AMT) | 5/26 at 100.00 | Aa3 | 2,586,144 | ||
500 | 5.000%, 5/15/34 (AMT) | 5/26 at 100.00 | Aa3 | 586,575 | ||
Los Angeles Department of Airports, California, Revenue Bonds, Los Angeles International Airport, Subordinate Lien Series 2017A: | ||||||
1,000 | 5.000%, 5/15/33 (AMT) | 5/27 at 100.00 | Aa3 | 1,207,710 | ||
2,000 | 5.000%, 5/15/34 (AMT) | 5/27 at 100.00 | Aa3 | 2,409,680 | ||
1,135 | Los Angeles Department of Airports, California, Revenue Bonds, Los Angeles International Airport, Subordinate Lien Series 2018C, 5.000%, 5/15/33 (AMT) | 11/27 at 100.00 | Aa3 | 1,389,422 | ||
3,000 | Los Angeles Regional Airports Improvement Corporation, California, Lease Revenue Bonds, LAXFUEL Corporation at Los Angeles International Airport, Refunding Series 2012, 5.000%, 1/01/32 (AMT) | 1/22 at 100.00 | A- | 3,085,980 | ||
365 | Menifee Union School District Public Financing Authority, California, Special Tax Revenue Bonds, Series 2016A, 5.000%, 9/01/32 – BAM Insured | 9/25 at 100.00 | AA | 424,597 | ||
2,010 | Northern Inyo County Local Hospital District, Inyo County, California, Revenue Bonds, Series 2013, 5.000%, 12/01/29 | 12/23 at 100.00 | B+ | 2,084,611 | ||
85 | Novato Redevelopment Agency, California, Tax Allocation Bonds, Hamilton Field Redevelopment Project, Series 2011, 6.750%, 9/01/40 (Pre-refunded 9/01/21) | 9/21 at 100.00 | N/R (5) | 86,824 | ||
Ontario International Airport Authority, California, Revenue Bonds, Series 2021B: | ||||||
500 | 4.000%, 5/15/37 – AGM Insured (AMT) | 5/31 at 100.00 | AA | 602,955 | ||
475 | 4.000%, 5/15/38 – AGM Insured (AMT) | 5/31 at 100.00 | AA | 571,083 | ||
565 | 4.000%, 5/15/39 – AGM Insured (AMT) | 5/31 at 100.00 | AA | 677,311 | ||
150 | Pittsburg Unified School District, Contra Costa County, California, General Obligation Bonds, Election 2010 Series 2012C, 4.250%, 8/01/52 (Pre-refunded 8/01/22) | 8/22 at 100.00 | A1 (5) | 157,761 | ||
Rancho Mirage Redevelopment Agency Successor Agency, California, Tax Allocation Bonds, Merged Redevelopment Project, Northside Sub-Area, Refunding Series 2016A: | ||||||
1,085 | 3.000%, 4/01/30 – BAM Insured | 4/26 at 100.00 | AA | 1,166,060 | ||
2,245 | 3.000%, 4/01/31 – BAM Insured | 4/26 at 100.00 | AA | 2,399,276 | ||
1,215 | Sacramento Area Flood Control Agency, California, Spcial Assessment Bonds, Natomas Basin Local Assessment District, Series 2014, 5.000%, 10/01/32 – BAM Insured | 10/24 at 100.00 | AA | 1,393,763 | ||
Sacramento, California, Special Tax Bonds, North Natomas Community Facilities District 4, Refunding Series 2015F: | ||||||
615 | 5.000%, 9/01/26 | 9/25 at 100.00 | BBB+ | 720,737 | ||
1,290 | 5.000%, 9/01/27 | 9/25 at 100.00 | BBB+ | 1,506,668 | ||
295 | San Clemente, California, Special Tax Revenue Bonds, Community Facilities District 2006-1 Marblehead Coastal, Series 2015, 5.000%, 9/01/32 | 9/25 at 100.00 | N/R | 337,256 | ||
San Diego County Regional Airport Authority, California, Airport Revenue Bonds, Subordinate Series 2017A: | ||||||
1,000 | 5.000%, 7/01/34 (AMT) | 7/27 at 100.00 | A+ | 1,208,770 | ||
500 | 5.000%, 7/01/35 (AMT) | 7/27 at 100.00 | A+ | 603,440 |
6
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
California (continued) | ||||||
San Diego County Regional Airport Authority, California, Airport Revenue Bonds, Subordinate Series 2019B: | ||||||
$2,000 | 5.000%, 7/01/34 (AMT) | 7/29 at 100.00 | A+ | 2,501,700 | ||
1,000 | 5.000%, 7/01/35 (AMT) | 7/29 at 100.00 | A+ | 1,248,370 | ||
1,000 | 5.000%, 7/01/36 (AMT) | 7/29 at 100.00 | A+ | 1,244,780 | ||
10,000 | San Francisco Airports Commission, California, Revenue Bonds, San Francisco International Airport, Second Series 2019E, 5.000%, 5/01/45 (AMT) (UB) (4) | 5/29 at 100.00 | A1 | 12,238,701 | ||
5,000 | San Francisco Airports Commission, California, Special Facilities Lease Revenue Bonds, SFO Fuel Company LLC, Series 2019A, 5.000%, 1/01/24 (AMT) | No Opt. Call | A1 | 5,611,650 | ||
1,280 | San Francisco City and County Redevelopment Agency Successor Agency, California, Tax Allocation Bonds, Mission Bay North Redevelopment Project, Refunding Series 2016A, 5.000%, 8/01/33 | 8/26 at 100.00 | A | 1,513,779 | ||
100 | Santa Cruz City Elementary School District, Santa Cruz County, California, General Obligation Bonds, Election 2016 Series 2019B, 5.250%, 8/01/21 | No Opt. Call | Aa1 | 101,253 | ||
125 | Southern California Public Power Authority, California, Revenue Bonds, Linden Wind Energy Revenue Bonds, Refunding Green Series 2020A, 5.000%, 7/01/21 | No Opt. Call | Aa2 | 125,975 | ||
500 | Twentynine Palms Redevelopment Agency, California, Tax Allocation Bonds, Four Corners Project Area, Series 2011A, 7.400%, 9/01/32 (Pre-refunded 9/01/21) | 9/21 at 100.00 | BBB+ (5) | 511,705 | ||
Upland, California, Certificates of Participation, San Antonio Regional Hospital, Series 2017: | ||||||
585 | 5.000%, 1/01/25 | No Opt. Call | BBB | 666,795 | ||
1,110 | 5.000%, 1/01/26 | No Opt. Call | BBB | 1,300,221 | ||
530 | 5.000%, 1/01/28 | No Opt. Call | BBB | 645,906 | ||
1,000 | Yuba Levee Financing Authority, California, Revenue Bonds, Yuba County Levee Refinancing Project, Refunding Series 2017A, 5.000%, 9/01/31 – BAM Insured | 9/26 at 100.00 | AA | 1,206,660 | ||
121,130 | Total California | 142,238,772 | ||||
Colorado – 3.6% | ||||||
640 | Adams and Weld Counties School District 27J, Brighton, Colorado, General Obligation Bonds, Series 2015, 5.000%, 12/01/40 | 12/25 at 100.00 | AA | 759,680 | ||
1,270 | Arkansas River Power Authority, Colorado, Power Supply System Revenue Bonds, Refunding Series 2018A, 5.000%, 10/01/30 | 10/28 at 100.00 | BBB | 1,534,351 | ||
4,275 | Boulder Valley School District RE2, Boulder County, Colorado, General Obligation Bonds, Series 2019A, 5.250%, 12/01/32 | 6/29 at 100.00 | AA+ | 5,652,277 | ||
Castle Oaks Metropolitan District 3, Castle Rock, Douglas County, Colorado, General Obligation Limited Tax Bonds, Refunding & Improvement Series 2020: | ||||||
600 | 4.000%, 12/01/35 – AGM Insured | 12/30 at 100.00 | AA | 727,926 | ||
780 | 4.000%, 12/01/50 – AGM Insured | 12/30 at 100.00 | AA | 916,321 | ||
Colorado Department of Transportation, Headquarters Facilities Lease Purchase Agreement Certificates of Participation, Series 2016: | ||||||
1,000 | 5.000%, 6/15/33 | 6/26 at 100.00 | Aa2 | 1,199,560 | ||
1,330 | 5.000%, 6/15/35 | 6/26 at 100.00 | Aa2 | 1,589,550 | ||
500 | Colorado Educational and Cultural Facilities Authority, Charter School Revenue Bonds, Aspen Ridge School Project, Series 2015A, 5.000%, 7/01/36, 144A | 7/25 at 100.00 | BB | 543,900 |
7
Municipal Total Return Managed Accounts Portfolio
(continued)
Portfolio of Investments April 30, 2021
(Unaudited)
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Colorado (continued) | ||||||
$300 | Colorado Educational and Cultural Facilities Authority, Charter School Revenue Bonds, Littleton Preparatory Charter School, Series 2013, 5.000%, 12/01/42 | 12/22 at 100.00 | BB+ | 309,951 | ||
Colorado Educational and Cultural Facilities Authority, Revenue Bonds, Pinnacle Charter School, Refunding & Improvement Series 2021A: | ||||||
1,370 | 4.000%, 12/01/36 | 12/30 at 100.00 | A+ | 1,645,589 | ||
1,670 | 4.000%, 12/01/41 | 12/30 at 100.00 | A+ | 1,973,506 | ||
800 | Colorado Health Facilities Authority, Colorado, Revenue Bonds, Boulder Community Health Project, Series 2020, 4.000%, 10/01/35 | 10/30 at 100.00 | A- | 940,072 | ||
Colorado Health Facilities Authority, Colorado, Revenue Bonds, CommonSpirit Health, Series 2019A-1: | ||||||
1,975 | 5.000%, 8/01/31 | 8/29 at 100.00 | BBB+ | 2,521,561 | ||
3,000 | 5.000%, 8/01/32 | 8/29 at 100.00 | BBB+ | 3,819,810 | ||
3,500 | 5.000%, 8/01/33 | 8/29 at 100.00 | BBB+ | 4,435,095 | ||
1,635 | Colorado Health Facilities Authority, Colorado, Revenue Bonds, Craig Hospital Project, Series 2012, 5.000%, 12/01/28 (UB) (4) | 12/22 at 100.00 | A+ | 1,733,182 | ||
1,225 | Colorado Health Facilities Authority, Colorado, Revenue Bonds, Sanford Health, Series 2019A, 5.000%, 11/01/30 | 11/29 at 100.00 | AA- | 1,604,088 | ||
1,000 | Colorado Health Facilities Authority, Colorado, Revenue Bonds, Sisters of Charity of Leavenworth Health Services Corporation, Tender Option Bond Trust 2015-XF2196 Formerly Tender Option Bond Trust 3367, 19.710%, 1/01/35, 144A (IF) (4) | 1/24 at 100.00 | AA- | 1,525,070 | ||
900 | Colorado Science and Technology Park Metropolitan District No1, Special Revenue Improvement Bonds, Refunding Series 2018, 5.000%, 12/01/33 | 12/23 at 103.00 | N/R | 974,250 | ||
630 | Colorado State, Building Excellent Schools Today, Certificates of Participation, Series 2020R, 4.000%, 3/15/41 | 3/30 at 100.00 | Aa2 | 747,167 | ||
Colorado State, Certificates of Participation, Lease Purchase Agreement Department of Transportation Second Amended & Restated Headquaters Facilities, Refunding Series 2020: | ||||||
1,000 | 4.000%, 6/15/39 | 6/30 at 100.00 | Aa2 | 1,200,440 | ||
1,320 | 4.000%, 6/15/40 | 6/30 at 100.00 | Aa2 | 1,581,294 | ||
1,765 | Colorado State, Certificates of Participation, Rural Series 2020A, 4.000%, 12/15/37 | 12/30 at 100.00 | Aa2 | 2,145,746 | ||
140 | Costilla County School District R-30 Sierra Grande, Colorado, General Obligation Bonds, Series 2019, 5.000%, 12/01/26 | No Opt. Call | Aa2 | 171,521 | ||
1,240 | Denver Convention Center Hotel Authority, Colorado, Revenue Bonds, Convention Center Hotel, Refunding Senior Lien Series 2016, 5.000%, 12/01/28 | 12/26 at 100.00 | Baa2 | 1,473,604 | ||
Gunnison County, Colorado, Certificates of Participation, Series 2020B: | ||||||
310 | 5.000%, 12/01/30 | No Opt. Call | Aa3 | 412,356 | ||
200 | 5.000%, 12/01/31 | 12/30 at 100.00 | Aa3 | 264,842 | ||
Mesa County Valley School District 51, Grand Junction, Colorado, General Obligation Bonds, Series 2018: | ||||||
1,250 | 5.250%, 12/01/33 | 12/27 at 100.00 | AA | 1,594,425 | ||
1,665 | 5.500%, 12/01/36 | 12/27 at 100.00 | AA | 2,150,064 | ||
1,130 | Rampart Range Metropolitan District 1, Lone Tree, Colorado, Limited Tax Supported and Special Revenue Bonds, Refunding & Improvement Series 2017, 5.000%, 12/01/42 | 12/27 at 100.00 | AA | 1,377,899 |
8
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Colorado (continued) | ||||||
$1,270 | Regional Transportation District, Colorado, Private Activity Bonds, Denver Transit Partners Eagle P3 Project, Series 2020A, 4.000%, 7/15/33 | No Opt. Call | A- | 1,585,112 | ||
3,320 | Regional Transportation District, Colorado, Sales Tax Revenue Bonds, Fastracks Project, Series 2012A, 5.000%, 11/01/32 (Pre-refunded 11/01/22) | 11/22 at 100.00 | AA+ (5) | 3,559,804 | ||
595 | Sorrel Ranch Metropolitan District, Arapahoe County, Colorado, General Obligation Limited Tax Bonds, Refunding Series 2020, 4.000%, 12/01/31 – AGM Insured | 12/30 at 100.00 | AA | 734,694 | ||
1,000 | Verve Metropolitan District 1, Jefferson County and the City and County of Broomfield, Colorado, General Obligation Bonds, Refunding and Improvement Limited Tax Series 2021, 5.000%, 12/01/41 | 3/26 at 103.00 | N/R | 1,099,400 | ||
1,085 | Weld County School District RE8, Colorado, General Obligation Bonds, Series 2017, 5.000%, 12/01/31 | 12/26 at 100.00 | Aa2 | 1,335,266 | ||
45,690 | Total Colorado | 55,839,373 | ||||
Connecticut – 0.9% | ||||||
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Sacred Heart University, Series 2017I-1: | ||||||
500 | 5.000%, 7/01/36 | 7/27 at 100.00 | A | 600,775 | ||
410 | 5.000%, 7/01/37 | 7/27 at 100.00 | A | 491,516 | ||
2,500 | Connecticut Health and Educational Facilities Authority, Revenue Bonds, Yale-New Haven Health Issue, Refunding Series 2014A, 5.000%, 7/01/29 | 7/24 at 100.00 | AA- | 2,858,100 | ||
150 | Derby, Connecticut, General Obligation Bonds, Series 2019A, 5.000%, 8/01/21 | No Opt. Call | A+ | 151,726 | ||
Harbor Point Infrastructure Improvement District, Connecticut, Special Obligation Revenue Bonds, Harbor Point Project, Refunding Series 2017: | ||||||
1,500 | 5.000%, 4/01/30, 144A | 4/27 at 100.00 | N/R | 1,767,555 | ||
6,465 | 5.000%, 4/01/39, 144A | 4/27 at 100.00 | N/R | 7,439,405 | ||
11,525 | Total Connecticut | 13,309,077 | ||||
Delaware – 0.1% | ||||||
535 | Delaware Economic Development Authority, Delaware, Delaware, First State Montessori Academy, Inc Project, Series 2019A, 4.000%, 8/01/29 | No Opt. Call | BBB- | 584,365 | ||
340 | Delaware Economic Development Authority, Revenue Bonds, Newark Charter School, Refunding Series 2016A, 2.800%, 9/01/26 | No Opt. Call | BBB+ | 350,805 | ||
475 | Delaware Economic Development Authority, Revenue Bonds, Newark Charter School, Series 2012, 3.875%, 9/01/22 | 3/22 at 100.00 | BBB+ | 485,431 | ||
1,350 | Total Delaware | 1,420,601 | ||||
District of Columbia – 3.5% | ||||||
6,000 | District of Columbia Water and Sewer Authority, Public Utility Revenue Bonds, Refunding Subordinate Lien Series 2012C, 5.000%, 10/01/29 | 10/22 at 100.00 | AA+ | 6,399,960 | ||
2,000 | District of Columbia Water and Sewer Authority, Public Utility Revenue Bonds, Refunding Subordinate Lien Series 2016A, 5.000%, 10/01/39 | 4/26 at 100.00 | AA+ | 2,371,320 | ||
2,000 | District of Columbia Water and Sewer Authority, Public Utility Revenue Bonds, Senior Lien Series 2017B, 5.000%, 10/01/34 | 4/27 at 100.00 | AAA | 2,446,140 | ||
5,000 | District of Columbia Water and Sewer Authority, Public Utility Revenue Bonds, Senior Lien Series 2018B, 5.000%, 10/01/49 (UB) (4) | 4/28 at 100.00 | AAA | 6,154,800 |
9
Municipal Total Return Managed Accounts Portfolio
(continued)
Portfolio of Investments April 30, 2021
(Unaudited)
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
District of Columbia (continued) | ||||||
$1,000 | District of Columbia, General Obligation Bonds, Series 2016A, 5.000%, 6/01/41 | 6/26 at 100.00 | Aaa | 1,191,810 | ||
1,000 | District of Columbia, Hospital Revenue Bonds, Children's Hospital Obligated Group, Refunding Series 2015, 5.000%, 7/15/28 | 1/26 at 100.00 | A1 | 1,187,100 | ||
5,000 | District of Columbia, Income Tax Secured Revenue Bonds, Series 2019A, 4.000%, 3/01/40 (UB) (4) | 9/29 at 100.00 | AAA | 5,999,550 | ||
District of Columbia, Income Tax Secured Revenue Bonds, Series 2020C: | ||||||
3,000 | 4.000%, 5/01/40 | 5/30 at 100.00 | AAA | 3,629,520 | ||
5,000 | 4.000%, 5/01/45 (UB) (4) | 5/30 at 100.00 | AAA | 5,973,550 | ||
District of Columbia, Revenue Bonds, Association of Amercian Medical Colleges, Series 2011A: | ||||||
1,000 | 5.000%, 10/01/28 (Pre-refunded 10/01/23) | 10/23 at 100.00 | AA+ (5) | 1,117,320 | ||
1,000 | 5.000%, 10/01/29 (Pre-refunded 10/01/23) | 10/23 at 100.00 | AA+ (5) | 1,117,320 | ||
575 | 5.000%, 10/01/30 (Pre-refunded 10/01/23) | 10/23 at 100.00 | AA+ (5) | 642,459 | ||
1,600 | District of Columbia, Revenue Bonds, Gallaudet University, Series 2021A, 5.000%, 4/01/46 | 4/31 at 100.00 | A+ | 2,024,064 | ||
5,000 | District of Columbia, Revenue Bonds, Georgetown University, Refunding Series 2017, 5.000%, 4/01/33 | 4/27 at 100.00 | A- | 5,939,000 | ||
2,000 | District of Columbia, Revenue Bonds, KIPP DC Issue, Refunding Series 2017A, 5.000%, 7/01/37 | 1/28 at 100.00 | BBB+ | 2,376,780 | ||
2,000 | District of Columbia, Revenue Bonds, KIPP DC Issue, Refunding Series 2017B, 5.000%, 7/01/37 | 1/28 at 100.00 | BBB+ | 2,376,780 | ||
District of Columbia, Revenue Bonds, KIPP DC Issue, Series 2019: | ||||||
250 | 5.000%, 7/01/28 | No Opt. Call | BBB+ | 310,028 | ||
250 | 5.000%, 7/01/29 | No Opt. Call | BBB+ | 315,632 | ||
1,250 | 4.000%, 7/01/44 | 7/29 at 100.00 | BBB+ | 1,395,125 | ||
2,000 | Metropolitan Washington DC Airports Authority, District of Columbia, Airport System Revenue Bonds, Refunding Series 2012A, 5.000%, 10/01/31 (AMT) | 10/22 at 100.00 | Aa3 | 2,129,500 | ||
46,925 | Total District of Columbia | 55,097,758 | ||||
Florida – 9.0% | ||||||
210 | Alachua County Health Facilities Authority, Florida, Health Facilties Revenue Bonds, Shands Teaching Hospital & Clinics, Inc at the University of Florida Project, Refunding Series 2019B-1, 5.000%, 12/01/21 | No Opt. Call | A | 215,628 | ||
750 | Bay County, Florida, Educational Facilities Revenue Refunding Bonds, Bay Haven Charter Academy, Inc Project, Series 2013A, 5.000%, 9/01/33 | 9/23 at 100.00 | BBB | 798,375 | ||
5,000 | Brevard County School Board, Florida, Certificates of Participation, Refunding Series 2017A, 5.000%, 7/01/31 | 7/27 at 100.00 | Aa3 | 6,156,450 | ||
1,930 | Broward County, Florida, Airport System Revenue Bonds, Series 2017, 5.000%, 10/01/35 (AMT) | 10/27 at 100.00 | A1 | 2,340,762 | ||
Broward County, Florida, Airport System Revenue Bonds, Series 2019A: | ||||||
2,750 | 5.000%, 10/01/37 (AMT) | 10/29 at 100.00 | A1 | 3,429,910 | ||
1,750 | 5.000%, 10/01/39 (AMT) | 10/29 at 100.00 | A1 | 2,172,450 |
10
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Florida (continued) | ||||||
$1,425 | Capital Projects Finance Authority, Florida, Student Housing Revenue Bonds, Capital Projects Loan Program, Refunding Series 2020A-1, 5.000%, 10/01/30 | No Opt. Call | Baa3 | 1,769,223 | ||
3,680 | Central Florida Expressway Authority, Revenue Bonds, Senior Lien Series 2018, 5.000%, 7/01/43 | 7/28 at 100.00 | A+ | 4,522,426 | ||
3,035 | City of Miami Beach, Florida, Stormwater Revenue Bonds, Series 2015, 5.000%, 9/01/41 | 9/25 at 100.00 | AA- | 3,544,971 | ||
500 | Clearwater, Florida, Water and Sewer Revenue Bonds, Refunding Series 2020, 5.000%, 12/01/32 | 12/29 at 100.00 | AA+ | 660,395 | ||
Cocoa, Florida, Water and Sewer System Revenue Bonds, Refunding Series 2018C: | ||||||
1,225 | 5.000%, 10/01/36 | 10/28 at 100.00 | AA | 1,546,513 | ||
1,315 | 5.000%, 10/01/37 | 10/28 at 100.00 | AA | 1,655,887 | ||
1,000 | 5.000%, 10/01/38 | 10/28 at 100.00 | AA | 1,255,590 | ||
Deerfield Beach, Florida, Capital Improvement Revenue Bonds, Series 2018: | ||||||
2,865 | 5.000%, 12/01/37 | 12/28 at 100.00 | AA | 3,622,191 | ||
1,200 | 5.000%, 12/01/38 | 12/28 at 100.00 | AA | 1,512,684 | ||
Florida Atlantic University FAU Finance Corporation, Capital Improvement Revenue Bonds, Student Housing Project, Series 2019B: | ||||||
2,495 | 4.000%, 7/01/37 | 7/29 at 100.00 | A1 | 2,939,335 | ||
2,295 | 4.000%, 7/01/38 | 7/29 at 100.00 | A1 | 2,687,376 | ||
440 | Florida Development Finance Corporation, Educational Facilities Revenue Bonds, Downtown Doral Charter Elementary School Project, Series 2014A, 5.750%, 7/01/24 | No Opt. Call | N/R | 460,918 | ||
Florida Development Finance Corporation, Educational Facilities Revenue Bonds, Downtown Doral Charter Upper School Project, Series 2017C: | ||||||
175 | 5.150%, 7/01/27, 144A | No Opt. Call | N/R | 190,010 | ||
385 | 5.750%, 7/01/47, 144A | 7/27 at 101.00 | N/R | 426,557 | ||
170 | Florida Development Finance Corporation, Educational Facilities Revenue Bonds, Renaissance Charter School Income Projects, Series 2015A, 6.000%, 6/15/35, 144A | 6/25 at 100.00 | N/R | 193,474 | ||
2,000 | Florida Development Finance Corporation, Florida, Surface Transportation Facility Revenue Bonds, Brightline Passenger Rail Project, Green Series 2019B, 7.375%, 1/01/49, 144A (AMT) | 1/24 at 107.00 | N/R | 2,080,000 | ||
4,525 | Florida Development Finance Corporation, Florida, Surface Transportation Facility Revenue Bonds, Virgin Trains USA Passenger Rail Project , Series 2019A, 6.500%, 1/01/49 (Mandatory Put 1/01/29), 144A (AMT) | 6/21 at 104.00 | N/R | 4,530,611 | ||
560 | Florida Governmental Utility Authority, Utility Revenue Bonds, Aloha Utility System, Refunding Series 2019, 5.000%, 10/01/29 – AGM Insured | No Opt. Call | AA | 738,114 | ||
1,000 | Florida Gulf Coast University Finanacing Corporation, Capital Improvement Revenue Bonds, Refunding Housing Project, Series 2019A, 3.000%, 2/01/39 | 2/30 at 100.00 | A+ | 1,070,450 | ||
Florida State Board of Governors, Dormitory Revenue Bonds, Florida International University, Refunding Series 2021A: | ||||||
1,200 | 2.000%, 7/01/38 – BAM Insured | 7/31 at 100.00 | AA | 1,189,200 | ||
1,080 | 2.000%, 7/01/40 – BAM Insured | 7/31 at 100.00 | AA | 1,059,188 | ||
1,385 | 2.000%, 7/01/41 – BAM Insured | 7/31 at 100.00 | AA | 1,349,295 | ||
3,465 | Fort Myers, Florida, Utility System Revenue Bonds, Refunding Series 2019A, 4.000%, 10/01/44 | 10/28 at 100.00 | Aa3 | 4,012,020 |
11
Municipal Total Return Managed Accounts Portfolio
(continued)
Portfolio of Investments April 30, 2021
(Unaudited)
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Florida (continued) | ||||||
Greater Orlando Aviation Authority, Florida, Airport Facilities Revenue Bonds, Series 2019A: | ||||||
$2,560 | 5.000%, 10/01/26 (AMT) | No Opt. Call | Aa3 | 3,137,894 | ||
4,000 | 5.000%, 10/01/28 (AMT) | No Opt. Call | Aa3 | 5,111,160 | ||
Greater Orlando Aviation Authority, Florida, Orlando Airport Facilities Revenue Bonds, Priority Subordinated Series 2017: | ||||||
1,010 | 5.000%, 10/01/32 (AMT) | 10/27 at 100.00 | A1 | 1,231,715 | ||
400 | 5.000%, 10/01/34 (AMT) | 10/27 at 100.00 | A1 | 486,568 | ||
715 | Hillsborough County Aviation Authority, Florida, Revenue Bonds, Tampa International Airport, Series 2018E, 5.000%, 10/01/35 (AMT) | 10/28 at 100.00 | Aa3 | 887,937 | ||
3,000 | Hillsborough County Aviation Authority, Florida, Revenue Bonds, Tampa International Airport, Subordinate Refunding Series 2013A, 5.500%, 10/01/28 (AMT) | 10/23 at 100.00 | A1 | 3,348,600 | ||
10,535 | Hillsborough County Industrial Development Authority, Florida, Hospital Revenue Bonds, Florida Health Sciences Center Inc D/B/A Tampa General Hospital, Series 2020A, 4.000%, 8/01/50 | 2/31 at 100.00 | A | 12,017,801 | ||
1,110 | Jacksonville, Florida, Educational Facilities Revenue Bonds, Jacksonville University Project, Series 2018B, 5.000%, 6/01/53, 144A | 6/28 at 100.00 | N/R | 1,296,735 | ||
1,650 | Jacksonville, Florida, Health Care Facilities Revenue Bonds, Baptist Health Properties, Refunding Series 2017, 5.000%, 8/15/35 | 8/27 at 100.00 | AA | 2,008,314 | ||
725 | Jacksonville, Florida, Health Care Facilities Revenue Bonds, Brooks Rehabilitation, Series 2020, 4.000%, 11/01/39 | 11/29 at 100.00 | A | 828,334 | ||
1,300 | Lee County Industrial Development Authority, Florida, Charter School Revenue Bonds, Lee County Community Charter Schools, Series 2012A, 5.000%, 6/15/24 | 6/22 at 100.00 | BB- | 1,326,078 | ||
Lee County, Florida, Solid Waste System Revenue Bonds, Refunding Series 2016: | ||||||
1,110 | 5.000%, 10/01/24 (AMT) | No Opt. Call | AA- | 1,266,843 | ||
605 | 5.000%, 10/01/26 (AMT) | No Opt. Call | AA- | 728,384 | ||
1,225 | Lee County, Florida, Tourist Development Tax Revenue Bonds, Refunding Series 2019A, 5.000%, 10/01/30 | 10/29 at 100.00 | Aa2 | 1,621,912 | ||
1,155 | Marco Island, Florida, Utility System Revenue Bonds, Refunding Series 2016, 3.000%, 10/01/33 | 10/26 at 100.00 | Aa3 | 1,234,499 | ||
5,000 | Martin County Health Facilities Authority, Florida, Hospital Revenue Bonds, Martin Memorial Medical Center, Series 2019, 4.000%, 1/01/46 (UB) (4) | 1/29 at 100.00 | AA | 5,799,300 | ||
Miami Beach Health Facilities Authority, Florida, Hospital Revenue Bonds, Mount Sinai Medical Center of Florida Project, Refunding 2014: | ||||||
850 | 5.000%, 11/15/23 | No Opt. Call | A- | 943,083 | ||
250 | 5.000%, 11/15/26 | 11/24 at 100.00 | A- | 284,693 | ||
375 | 5.000%, 11/15/27 | 11/24 at 100.00 | A- | 425,276 | ||
500 | 5.000%, 11/15/28 | 11/24 at 100.00 | A- | 564,690 | ||
Miami Dade County, Florida, Rickenbacker Causeway Revenue Bonds, Series 2014: | ||||||
900 | 5.000%, 10/01/27 | 10/24 at 100.00 | A- | 1,017,072 | ||
920 | 5.000%, 10/01/28 | 10/24 at 100.00 | A- | 1,034,853 | ||
500 | 5.000%, 10/01/30 | 10/24 at 100.00 | A- | 558,695 |
12
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Florida (continued) | ||||||
$1,800 | Miami, Florida, Special Obligation Non-Ad Valorem Revenue Bonds, Port of Miami Tunnel Project, Refunding Series 2012, 5.000%, 3/01/30 (Pre-refunded 3/01/23), 144A | 3/23 at 100.00 | N/R (5) | 1,956,960 | ||
705 | Miami-Dade County, Florida, Aviation Revenue Bonds, Miami International Airport, Refunding Series 2012A, 5.000%, 10/01/25 (Pre-refunded 10/01/22) (AMT) | 10/22 at 100.00 | A2 (5) | 752,045 | ||
1,145 | Miami-Dade County, Florida, Aviation Revenue Bonds, Refunding Series 2014A, 5.000%, 10/01/28 (AMT) | 10/24 at 100.00 | A2 | 1,311,380 | ||
1,000 | Miami-Dade County, Florida, Aviation Revenue Bonds, Refunding Series 2016A, 5.000%, 10/01/41 | 10/26 at 100.00 | A | 1,196,230 | ||
4,000 | Miami-Dade County, Florida, Aviation Revenue Bonds, Refunding Series 2018A, 5.000%, 10/01/38 (AMT) | 10/28 at 100.00 | A | 4,883,600 | ||
1,400 | Miami-Dade County, Florida, Water and Sewer System Revenue Bonds, Series 2021, 4.000%, 10/01/44 | 4/31 at 100.00 | AA- | 1,672,608 | ||
2,290 | Orange County, Florida, Tourist Development Tax Revenue Bonds, Refunding Series 2016B, 4.000%, 10/01/34 | 10/26 at 100.00 | Aa2 | 2,648,041 | ||
1,000 | Orlando, Florida, Tourist Development Tax Revenue Bonds, 6th Cent Contract Payments, Refunding Senior Series 2017A, 5.000%, 11/01/35 – AGM Insured | 11/27 at 100.00 | AA | 1,240,370 | ||
Osceola County, Florida, Transportation Revenue Bonds, Osceola Parkway, Refunding & Improvement Series 2019A-1: | ||||||
400 | 5.000%, 10/01/35 | 10/29 at 100.00 | BBB+ | 509,196 | ||
250 | 5.000%, 10/01/36 | 10/29 at 100.00 | BBB+ | 316,957 | ||
250 | 5.000%, 10/01/38 | 10/29 at 100.00 | BBB+ | 314,730 | ||
250 | 5.000%, 10/01/39 | 10/29 at 100.00 | BBB+ | 313,712 | ||
495 | Palm Beach County Health Facilities Authority, Florida, Hospital Revenue Bonds, Baptist Health Systems of South Florida Obligated Group, Series 2019, 5.000%, 8/15/27 | No Opt. Call | AA- | 619,527 | ||
425 | Palm Beach County School Board, Florida, Certificates of Participation, Series 2015C, 5.000%, 8/01/30 | 8/25 at 100.00 | Aa3 | 500,085 | ||
505 | Pinellas County School Board, Florida, Certificates of Participation, Master Lease Program, Seris 2017A, 5.000%, 7/01/37 | 7/27 at 100.00 | Aa3 | 615,999 | ||
850 | Reedy Creek Improvement District, Orange and Osceola Counties, Florida, Utilities Revenue Bonds, Series 2018-1, 5.000%, 10/01/36 | 10/28 at 100.00 | A1 | 1,060,154 | ||
South Broward Hospital District, Florida, Hospital Revenue Bonds, South Broward Hospital District Obligated Group, Refunding Series 2016: | ||||||
65 | 5.000%, 5/01/23 | No Opt. Call | AA | 71,185 | ||
2,000 | 4.000%, 5/01/33 | 5/26 at 100.00 | AA | 2,230,940 | ||
500 | Tallahassee, Florida, Consolidated Utility Systems Revenue Bonds, Refunding Series 2015, 5.000%, 10/01/35 | 10/23 at 100.00 | AA+ | 554,420 | ||
1,310 | Tampa, Florida, Capital Improvement Cigarette Tax Allocation Bonds, H Lee Moffitt Cancer Center Project, Series 2016A, 5.500%, 9/01/29 | 9/26 at 100.00 | A+ | 1,618,780 | ||
1,100 | Tampa, Florida, Capital Improvement Cigarette Tax Allocation Bonds, H Lee Moffitt Cancer Center Project, Series 2020A, 0.000%, 9/01/39 | 9/30 at 70.57 | A+ | 620,323 | ||
Tampa, Florida, Water and Wastewater Systems Revenue Bonds, Series 2020A: | ||||||
1,500 | 4.000%, 10/01/44 (UB) (4) | 10/30 at 100.00 | AAA | 1,820,430 | ||
6,000 | 4.000%, 10/01/48 (UB) (4) | 10/30 at 100.00 | AAA | 7,255,801 |
13
Municipal Total Return Managed Accounts Portfolio
(continued)
Portfolio of Investments April 30, 2021
(Unaudited)
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Florida (continued) | ||||||
$10 | Tolomato Community Development District, Florida, Special Assessment Bonds, Convertible, Capital Appreciation, Series 2012A-4, 0.000%, 5/01/40 (7) | 5/22 at 100.00 | N/R | 8,714 | ||
5 | Tolomato Community Development District, Florida, Special Assessment Bonds, Hope Note, Series 2007-3, 6.375%, 5/01/21 (6) | No Opt. Call | N/R | — | ||
20 | Tolomato Community Development District, Florida, Special Assessment Bonds, Refunding Series 2015-1, 0.000%, 5/01/40 (7) | 6/21 at 100.00 | N/R | 19,203 | ||
15 | Tolomato Community Development District, Florida, Special Assessment Bonds, Refunding Series 2015-2, 0.000%, 5/01/40 (7) | 6/21 at 100.00 | N/R | 11,246 | ||
15 | Tolomato Community Development District, Florida, Special Assessment Bonds, Refunding Series 2015-3, 6.610%, 5/01/40 (6) | 6/21 at 100.00 | N/R | — | ||
119,510 | Total Florida | 139,413,075 | ||||
Georgia – 1.3% | ||||||
2,210 | Atlanta, Georgia, Airport General Revenue Bonds, Series 2012C, 5.000%, 1/01/31 (AMT) | 1/22 at 100.00 | Aa3 | 2,276,322 | ||
5,000 | Atlanta, Georgia, Airport Passenger Facilities Charge and General Revenue Bonds, Subordinate Lien Series 2019D, 4.000%, 7/01/40 (AMT) (UB) (4) | 7/29 at 100.00 | Aa3 | 5,809,300 | ||
220 | Atlanta, Georgia, Water and Wastewater Revenue Bonds, Tender Option Trust 2015-XF0234, 22.565%, 3/01/23, 144A (IF) (4) | No Opt. Call | Aa2 | 402,224 | ||
Brookhaven Development Authority, Georgia, Revenue Bonds, Children's Healthcare of Atlanta, Inc Project, Series 2019A: | ||||||
1,335 | 4.000%, 7/01/44 (UB) (4) | 7/29 at 100.00 | AA+ | 1,566,542 | ||
3,665 | 4.000%, 7/01/49 (UB) (4) | 7/29 at 100.00 | AA+ | 4,259,720 | ||
Cobb County Kennestone Hospital Authority, Georgia, Revenue Anticipation Certificates, Wellstar Health System, Series 2017A: | ||||||
2,390 | 5.000%, 4/01/35 | 4/27 at 100.00 | A | 2,875,624 | ||
1,380 | 5.000%, 4/01/37 | 4/27 at 100.00 | A | 1,653,185 | ||
100 | Dalton Development Authority, Georgia, Revenue Bonds, Hamilton Health Care System Inc, Series 2012A, 3.000%, 8/15/25 | 8/22 at 100.00 | AA- | 103,142 | ||
Georgia Housing and Finance Authority, Single Family Mortgage Bonds, Series 2019A: | ||||||
600 | 2.300%, 6/01/27 | No Opt. Call | AAA | 644,088 | ||
675 | 2.350%, 12/01/27 | No Opt. Call | AAA | 727,852 | ||
17,575 | Total Georgia | 20,317,999 |
14
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Hawaii – 0.9% | ||||||
Hawaii Department of Budget and Finance, Special Purpose Revenue Bonds, Mid-Pacific Project, Series 2020: | ||||||
$300 | 4.000%, 1/01/25 | No Opt. Call | BBB+ | 327,936 | ||
500 | 4.000%, 1/01/26 | No Opt. Call | BBB+ | 555,420 | ||
665 | 4.000%, 1/01/27 | No Opt. Call | BBB+ | 748,464 | ||
350 | 4.000%, 1/01/28 | No Opt. Call | BBB+ | 398,052 | ||
360 | 4.000%, 1/01/29 | No Opt. Call | BBB+ | 412,297 | ||
250 | 4.000%, 1/01/30 | No Opt. Call | BBB+ | 287,865 | ||
275 | 4.000%, 1/01/31 | 1/30 at 100.00 | BBB+ | 314,438 | ||
270 | 4.000%, 1/01/32 | 1/30 at 100.00 | BBB+ | 306,782 | ||
200 | 4.000%, 1/01/33 | 1/30 at 100.00 | BBB+ | 226,582 | ||
1,600 | Hawaii Department of Transportation - Airports Division, Lease Revenue Certificates of Participation, Series 2013, 5.000%, 8/01/28 (AMT) | 8/23 at 100.00 | A | 1,752,096 | ||
2,000 | Hawaii State, Airport System Revenue Bonds, Series 2015A, 5.000%, 7/01/41 (AMT) | 7/25 at 100.00 | A+ | 2,303,840 | ||
Hawaii State, General Obligation Bonds, Series 2011DZ: | ||||||
990 | 5.000%, 12/01/30 (Pre-refunded 12/01/21) | 12/21 at 100.00 | N/R (5) | 1,017,700 | ||
610 | 5.000%, 12/01/30 (Pre-refunded 12/01/21) | 12/21 at 100.00 | AA+ (5) | 627,245 | ||
2,000 | Hawaii State, General Obligation Bonds, Series 2019FW, 5.000%, 1/01/37 | 1/29 at 100.00 | AA+ | 2,531,620 | ||
500 | Honolulu Board of Water Supply, Hawaii, Water System Revenue Bonds, Series 2021A, 3.000%, 7/01/41 | 7/31 at 100.00 | AAA | 551,150 | ||
2,000 | Honolulu City and County, Hawaii, General Obligation Bonds, Series 2015A, 5.000%, 10/01/37 | 10/25 at 100.00 | Aa1 | 2,352,880 | ||
12,870 | Total Hawaii | 14,714,367 | ||||
Idaho – 1.0% | ||||||
200 | Boise State University, Idaho, General Revenue Bonds, Refunding Series 2017A, 5.000%, 4/01/23 | No Opt. Call | Aa3 | 217,310 | ||
Boise State University, Idaho, General Revenue Bonds, Series 2018A: | ||||||
575 | 5.000%, 4/01/38 | 4/28 at 100.00 | Aa3 | 703,058 | ||
600 | 5.000%, 4/01/39 | 4/28 at 100.00 | Aa3 | 732,090 | ||
Boise-Kuna Irrigation District, Ada and Canyon Counties, Idaho, Arrowrock Hydroelectric Project Revenue Bonds, Refunding Series 2015: | ||||||
500 | 5.000%, 6/01/29 | 12/24 at 100.00 | A3 | 575,195 | ||
1,000 | 5.000%, 6/01/30 | 12/24 at 100.00 | A3 | 1,147,720 | ||
2,090 | 5.000%, 6/01/31 | 12/24 at 100.00 | A3 | 2,394,743 | ||
Canyon County School District 139, Idaho, General Obligation Bonds, Series 2019B: | ||||||
1,000 | 5.000%, 9/15/37 | 3/29 at 100.00 | Aaa | 1,274,490 | ||
750 | 5.000%, 9/15/39 | 3/29 at 100.00 | Aaa | 951,585 | ||
3,000 | Idaho Falls Auditorium District, Idaho, Certifications of Participation, Annual Appropriation Series 2021, 5.250%, 5/15/51, 144A | 5/26 at 102.00 | N/R | 3,006,930 | ||
1,250 | Idaho Health Facilities Authority, Revenue Bonds, Saint Luke's Health System Project, Series 2018A, 5.000%, 3/01/37 | 9/28 at 100.00 | A- | 1,518,175 |
15
Municipal Total Return Managed Accounts Portfolio
(continued)
Portfolio of Investments April 30, 2021
(Unaudited)
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Idaho (continued) | ||||||
$865 | Idaho Health Facilities Authority, Revenue Bonds, Trinity Health Group, Series 2015, 5.500%, 12/01/29 | 6/25 at 100.00 | AA- | 1,030,328 | ||
100 | Idaho State University, General Revenue Bonds, Refunding Series 2016, 5.000%, 4/01/23 | No Opt. Call | A1 | 108,655 | ||
1,070 | Idaho Water Resource Board, Water Resource Loan Program Revenue, Ground Water Rights Mitigation Series 2012A, 4.600%, 9/01/27 | 9/22 at 100.00 | A3 | 1,120,996 | ||
13,000 | Total Idaho | 14,781,275 | ||||
Illinois – 6.3% | ||||||
Beford Park Village, Illinois, Hotel and Motel Tax Revenue Bonds, Refunding Series 2015A: | ||||||
920 | 4.000%, 12/01/22 | No Opt. Call | Baa2 | 958,585 | ||
1,395 | 4.000%, 12/01/23 | No Opt. Call | Baa2 | 1,494,687 | ||
1,985 | Chanpaign County Community Unit School District 4, Illinois, General Obligation Bonds, School Building Series 2020A, 5.000%, 1/01/34 | 1/28 at 100.00 | AA | 2,472,754 | ||
662 | Chicago, Illinois, Certificates of Participation, Tax Increment Allocation Revenue Bonds, Pullman Park/Chicago Redevelopement Project, Series 2013A, 7.125%, 3/15/33 | 5/21 at 100.00 | N/R | 662,422 | ||
Chicago, Illinois, Midway Airport Revenue Bonds, Refunding Second Lien Series 2014A: | ||||||
2,000 | 5.000%, 1/01/27 (AMT) | 1/24 at 100.00 | A | 2,228,840 | ||
3,000 | 5.000%, 1/01/30 (AMT) | 1/24 at 100.00 | A | 3,329,790 | ||
Community College District 515, Cook and Will Counties, Illinois, General Obligation Bonds, Series 2020B: | ||||||
1,120 | 5.000%, 12/01/26 – BAM Insured | No Opt. Call | AA | 1,342,443 | ||
1,175 | 5.000%, 12/01/27 – BAM Insured | No Opt. Call | AA | 1,434,722 | ||
1,235 | 5.000%, 12/01/28 – BAM Insured | No Opt. Call | AA | 1,531,622 | ||
175 | DuPage and Cook Counties Community Unit School District 205, Elmhurst, Illinois, General Obligation Bonds, Refunding Series 2016, 5.000%, 1/01/22 | No Opt. Call | AA+ | 180,630 | ||
175 | DuPage County Community Unit School District 200, Wheaton, Illinois, General Obligation Bonds, Refunding Series 2016, 4.000%, 11/01/22 | No Opt. Call | AA+ | 185,115 | ||
Evanston, Cook County, Illinois, General Obligation Bonds, Corporate Purpose Series 2019A: | ||||||
725 | 5.000%, 12/01/38 | 12/29 at 100.00 | AA+ | 929,994 | ||
760 | 5.000%, 12/01/39 | 12/29 at 100.00 | AA+ | 965,131 | ||
795 | 5.000%, 12/01/40 | 12/29 at 100.00 | AA+ | 1,004,403 | ||
770 | 5.000%, 12/01/41 | 12/29 at 100.00 | AA+ | 971,694 | ||
Evanston, Cook County, Illinois, General Obligation Bonds, Corporate Purpose Series 2019B: | ||||||
930 | 5.000%, 12/01/38 | 12/29 at 100.00 | AA+ | 1,197,282 | ||
975 | 5.000%, 12/01/39 | 12/29 at 100.00 | AA+ | 1,254,367 | ||
Hoffman Estates Park District, Cook County, Illinois, General Obligation Bonds, Refunding Series 2020A: | ||||||
3,940 | 5.000%, 12/01/30 – BAM Insured | No Opt. Call | AA+ | 4,946,158 | ||
6,415 | 5.000%, 12/01/40 – BAM Insured | 12/30 at 100.00 | AA+ | 8,041,395 |
16
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Illinois (continued) | ||||||
$100 | Illinois Finance Authority Revenue Bonds, OSF Healthcare System, Refunding Series 2018A, 5.000%, 5/15/25 | No Opt. Call | A | 117,382 | ||
740 | Illinois Finance Authority, Charter School Revenue Bonds, Uno Charter School Network, Refunding and Improvement Series 2011A, 6.875%, 10/01/31 | 10/21 at 100.00 | BB+ | 753,557 | ||
Illinois Finance Authority, Health Services Facility Lease Revenue Bonds, Provident Group - UIC Surgery Center, LLC - University of Illinois Health Services Facility Project, Series 2020: | ||||||
875 | 5.000%, 10/01/34 | 10/30 at 100.00 | BBB+ | 1,113,639 | ||
750 | 5.000%, 10/01/35 | 10/30 at 100.00 | BBB+ | 952,125 | ||
115 | Illinois Finance Authority, Local Government Program Revenue Bonds, Elmhurst Community Unit School District 205 Project, Series 2019, 5.000%, 1/01/29 | 1/28 at 100.00 | AA+ | 145,927 | ||
360 | Illinois Finance Authority, Revenue Bonds, Centegra Health System, Tender Option Bond Trust 2016-XF2339, 17.692%, 9/01/32, 144A (IF) (4) | 9/22 at 100.00 | AA+ | 436,802 | ||
Illinois Finance Authority, Revenue Bonds, Advocate Health Care Network, Refunding Series 2015: | ||||||
145 | 5.000%, 5/01/45 (UB) (4) | 5/25 at 100.00 | N/R | 171,196 | ||
900 | 5.000%, 5/01/45 (Pre-refunded 5/01/25) (UB) | 5/25 at 100.00 | AA (5) | 1,064,565 | ||
4,000 | Illinois Finance Authority, Revenue Bonds, Ann & Robert H Lurie Children's Hospital of Chicago, Refunding Series 2017, 5.000%, 8/15/35 (UB) (4) | 8/27 at 100.00 | AA | 4,903,720 | ||
4,500 | Illinois Finance Authority, Revenue Bonds, Edward-Elmhurst Healthcare, Refunding Series 2018A, 4.250%, 1/01/44 | 1/28 at 100.00 | A | 5,063,220 | ||
Illinois Finance Authority, Revenue Bonds, Edward-Elmhurst Healthcare, Series 2017A: | ||||||
100 | 5.000%, 1/01/23 | No Opt. Call | A | 107,577 | ||
3,000 | 5.000%, 1/01/36 | 1/27 at 100.00 | A | 3,559,650 | ||
5,000 | Illinois Finance Authority, Revenue Bonds, Northwest Community Hospital, Refunding Series 2016A, 4.000%, 7/01/37 | 7/26 at 100.00 | AA- | 5,616,300 | ||
Illinois Finance Authority, Revenue Bonds, Northwestern Memorial Healthcare, Series 2017A: | ||||||
170 | 5.000%, 7/15/22 | No Opt. Call | AA+ | 179,941 | ||
2,400 | 4.000%, 7/15/36 (UB) (4) | 1/28 at 100.00 | AA+ | 2,768,208 | ||
1,500 | 4.000%, 7/15/37 (UB) (4) | 1/28 at 100.00 | AA+ | 1,725,855 | ||
475 | 4.000%, 7/15/47 (UB) (4) | 1/28 at 100.00 | AA+ | 537,458 | ||
1,000 | Illinois Finance Authority, Revenue Bonds, OSF Healthcare System, Series 2015A, 4.000%, 11/15/33 | 11/25 at 100.00 | A | 1,106,820 | ||
Illinois Finance Authority, Revenue Bonds, Silver Cross Hospital and Medical Centers, Refunding Series 2015C: | ||||||
25 | 5.000%, 8/15/21 | No Opt. Call | A3 | 25,305 | ||
220 | 5.000%, 8/15/23 | No Opt. Call | A3 | 241,679 | ||
5,000 | Illinois Finance Authority, Revenue Bonds, The Carle Foundation, Series 2021A Fixed Period Bonds, 4.000%, 8/15/39 (WI/DD, Settling 5/18/21) | 8/31 at 100.00 | AA- | 6,030,250 | ||
830 | Illinois Finance Authority, Student Housing & Academic Facility Revenue Bonds, CHF-Collegiate Housing Foundation - Chicago LLC University of Illinois at Chicago Project, Series 2017A, 5.000%, 2/15/26 | No Opt. Call | Baa3 | 922,520 |
17
Municipal Total Return Managed Accounts Portfolio
(continued)
Portfolio of Investments April 30, 2021
(Unaudited)
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Illinois (continued) | ||||||
$4,830 | Knox & Warren Counties Community Unit School District 205 Galesburg, Illinois, General Obligation Bonds, Series 2019A, 5.500%, 12/01/37 | 12/27 at 100.00 | AA- | 6,226,836 | ||
710 | Madison, Macoupin, Jersey, Calhoun, Morgan, Scott, and Greene Counties Community College District 536, Illinois, General Obligation Bonds, Lewis & Clark Community College, Refunding Series 2017A, 5.000%, 11/01/33 – AGM Insured | 11/26 at 100.00 | AA | 861,592 | ||
2,275 | McHenry and Lake Counties Community High School District 156, Illinois, General Obligation Bonds, Series 2019, 5.000%, 2/01/30 | 2/28 at 100.00 | Aa3 | 2,882,243 | ||
570 | Mount Prospect, Cook County, Illinois, General Obligation Bonds, Series 2019B, 3.000%, 12/01/37 | 12/26 at 100.00 | AA+ | 602,336 | ||
1,000 | Northern Illinois University, Auxiliary Facilities System Revenue Bonds, Series 2021, 4.000%, 10/01/38 – BAM Insured (WI/DD, Settling 7/07/21) | 4/31 at 100.00 | AA | 1,173,050 | ||
1,000 | Railsplitter Tobacco Settlement Authority, Illinois, Tobacco Settlement Revenue Bonds, Series 2010, 5.500%, 6/01/23 (Pre-refunded 6/01/21) | 6/21 at 100.00 | N/R (5) | 1,004,060 | ||
1,000 | Romeoville, Will County, Illinois, Revenue Bonds, Lewis University Project, Refunding Series 2018B, 5.000%, 10/01/39 | 4/25 at 100.00 | BBB | 1,091,650 | ||
150 | Saint Charles, Illinois, General Obligation Bonds, Corporate Purpose Series 2013A, 4.000%, 12/01/32 | 12/22 at 100.00 | Aa1 | 158,484 | ||
Saint Charles, Illinois, General Obligation Bonds, Corporate Purpose Series 2020A: | ||||||
610 | 4.000%, 12/01/29 | 12/28 at 100.00 | Aa1 | 749,702 | ||
535 | 4.000%, 12/01/31 | 12/28 at 100.00 | Aa1 | 646,398 | ||
425 | Saint Charles, Illinois, General Obligation Bonds, Refunding Corporate Purpose Series 2020B, 4.000%, 12/01/29 | 12/28 at 100.00 | Aa1 | 522,333 | ||
Stephenson County School District 145, Freeport, Illinois, General Obligation Bonds, Limited School Series 2018A: | ||||||
140 | 5.000%, 2/01/34 – AGM Insured (Pre-refunded 2/01/28) | 2/28 at 100.00 | AA (5) | 178,408 | ||
610 | 5.000%, 2/01/34 – AGM Insured | 2/28 at 100.00 | AA | 761,518 | ||
100 | University of Illinois, Auxiliary Facilities System Revenue Bonds, Series 2014A, 5.000%, 4/01/39 | 4/24 at 100.00 | A1 | 111,624 | ||
100 | University of Illinois, UIC South Campus Development Project Revenue Bonds, Series 2003, 5.000%, 1/15/23 – NPFG Insured | 6/21 at 100.00 | A2 | 100,335 | ||
4,000 | Will County, Illinois, General Obligation Bonds, Alternate Revenue Source Series 2019, 4.000%, 11/15/47 | 11/29 at 100.00 | AA+ | 4,712,680 | ||
1,000 | Wilmette, Illinois, General Obligation Bonds, Series 2014, 4.000%, 12/01/43 | 12/22 at 100.00 | Aaa | 1,047,800 | ||
2,500 | Winnetka, Cook County, Illinois, General Obligation Bonds, Series 2014, 5.000%, 12/15/43 (Pre-refunded 12/15/21) | 12/21 at 100.00 | Aaa | 2,575,450 | ||
82,912 | Total Illinois | 98,082,229 | ||||
Indiana – 5.8% | ||||||
5,195 | Center Grove Multi-Facility School Building Corporation, Johnson County, Indiana, Ad Valorem Property Tax First Mortgage Bonds, Series 2020C, 5.500%, 7/10/39 | 1/31 at 100.00 | AA+ | 6,963,430 | ||
1,000 | Gary Local Public Improvement Bond Bank, Indiana, Economic Development Revenue Bonds, Drexel Foundation for Educational Excellence Project, Refunding Series 2020A, 5.875%, 6/01/55, 144A | 6/30 at 100.00 | N/R | 1,053,090 |
18
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Indiana (continued) | ||||||
GCS School Building Corporation One, Elkhart County, Indiana, First Mortgage Bonds, Series 2019: | ||||||
$565 | 5.000%, 1/15/26 | No Opt. Call | AA+ | 675,616 | ||
580 | 5.000%, 7/15/26 | No Opt. Call | AA+ | 702,490 | ||
590 | 5.000%, 1/15/27 | No Opt. Call | AA+ | 722,897 | ||
605 | 5.000%, 7/15/27 | No Opt. Call | AA+ | 749,486 | ||
620 | 5.000%, 1/15/28 | No Opt. Call | AA+ | 775,360 | ||
635 | 5.000%, 7/15/28 | No Opt. Call | AA+ | 801,364 | ||
655 | 5.000%, 1/15/29 | No Opt. Call | AA+ | 832,852 | ||
670 | 5.000%, 7/15/29 | No Opt. Call | AA+ | 858,257 | ||
685 | 5.000%, 1/15/30 | 7/29 at 100.00 | AA+ | 893,603 | ||
405 | 5.000%, 7/15/30 | 7/29 at 100.00 | AA+ | 528,019 | ||
720 | 5.000%, 1/15/31 | 7/29 at 100.00 | AA+ | 933,862 | ||
740 | 5.000%, 7/15/31 | 7/29 at 100.00 | AA+ | 960,476 | ||
Hamilton Southeastern Consolidated School Building Corporation, Hamilton County, Indiana, First Mortgage Bonds, Series 2018: | ||||||
700 | 5.000%, 7/15/35 | 1/28 at 100.00 | AA+ | 863,828 | ||
795 | 5.000%, 7/15/36 | 1/28 at 100.00 | AA+ | 977,524 | ||
500 | 5.000%, 7/15/37 | 1/28 at 100.00 | AA+ | 613,300 | ||
1,000 | 5.000%, 7/15/38 | 1/28 at 100.00 | AA+ | 1,223,350 | ||
850 | IIndiana Finance Authority, Hospital Revenue Bonds, Parkview Health, Series 2018A, 4.000%, 11/01/48 | 11/28 at 100.00 | AA- | 969,204 | ||
1,500 | Indiana Finance Authority, Educational Facilities Revenue Bonds, Butler University Project, Refunding Series 2012A, 5.000%, 2/01/25 | 2/22 at 100.00 | A- | 1,548,630 | ||
Indiana Finance Authority, Educational Facilities Revenue Bonds, Butler University Project, Refunding Series 2014A: | ||||||
560 | 5.000%, 2/01/26 | 2/24 at 100.00 | A- | 622,440 | ||
425 | 5.000%, 2/01/27 | 2/24 at 100.00 | A- | 471,631 | ||
Indiana Finance Authority, Educational Facilities Revenue Bonds, Butler University Project, Series 2019: | ||||||
1,100 | 5.000%, 2/01/33 | 8/29 at 100.00 | A- | 1,389,399 | ||
1,350 | 5.000%, 2/01/35 | 8/29 at 100.00 | A- | 1,695,978 | ||
2,420 | Indiana Finance Authority, Educational Facilities Revenue Bonds, Depauw University Project, Series 2019, 5.000%, 7/01/37 | 7/29 at 100.00 | Baa1 | 2,878,275 | ||
3,725 | Indiana Finance Authority, Educational Facilities Revenue Bonds, Rose Hulman Institute Of Technology Project, Series 2018, 5.000%, 6/01/40 | 12/28 at 100.00 | A2 | 4,580,334 | ||
250 | Indiana Finance Authority, Health Facilities Revenue Bonds, Good Samaritan Hospital Project, Series 2016A, 5.000%, 4/01/37 | 4/26 at 100.00 | Baa3 | 282,428 | ||
2,800 | Indiana Finance Authority, State Revolving Fund Program Bonds, Green Bond Series 2019A, 5.000%, 2/01/38 | 2/29 at 100.00 | AAA | 3,575,348 | ||
3,500 | Indiana Finance Authority, State Revolving Fund Program Bonds, Green Bonds, Series 2019C, 5.000%, 2/01/32 | 2/29 at 100.00 | AAA | 4,560,780 |
19
Municipal Total Return Managed Accounts Portfolio
(continued)
Portfolio of Investments April 30, 2021
(Unaudited)
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Indiana (continued) | ||||||
Indiana Finance Authority, State Revolving Fund Program Bonds, Series 2019D: | ||||||
$1,715 | 5.000%, 2/01/35 (AMT) | 2/29 at 100.00 | AAA | 2,186,711 | ||
1,800 | 5.000%, 2/01/36 (AMT) | 2/29 at 100.00 | AAA | 2,286,306 | ||
2,020 | Indiana Health Facility Financing Authority, Revenue Bonds, Ascension Health, Series 2011A-1, 5.000%, 11/15/34 | 11/25 at 100.00 | AA+ | 2,392,629 | ||
Indiana Municipal Power Agency Power Supply System Revenue Bonds, Refunding Series 2016C: | ||||||
1,240 | 5.000%, 1/01/27 | 7/26 at 100.00 | A+ | 1,516,284 | ||
1,420 | 5.000%, 1/01/38 | 7/26 at 100.00 | A+ | 1,711,611 | ||
1,000 | Indiana Municipal Power Agency, Power Supply System Revenue Bonds, Series 2013A, 5.250%, 1/01/32 (Pre-refunded 7/01/23) | 7/23 at 100.00 | A+ (5) | 1,109,390 | ||
670 | Indiana Municipal Power Agency, Power Supply System Revenue Bonds, Series 2017A, 5.000%, 1/01/42 | 1/28 at 100.00 | A+ | 820,113 | ||
5,000 | Indianapolis Local Public Improvement Bond Bank, Indiana, Community Justice Campus Bonds, Courthouse & Jail Project, Series 2019A, 5.000%, 2/01/49 (UB) (4) | 2/29 at 100.00 | AAA | 6,212,050 | ||
1,625 | Ivy Tech Community College, Indiana, Student Fee Revenue Bonds, Series 2018V, 5.000%, 7/01/36 | 7/28 at 100.00 | AA | 2,026,505 | ||
400 | Knox County, Indiana, Economic Development Revenue and Refunding Bonds, Good Samaritan Hospital Project, Series 2012A, 5.000%, 4/01/27 | 4/22 at 100.00 | Baa3 | 414,584 | ||
1,000 | Lawrence Township School Building Corporation, Indiana, First Mortgage Bonds, Series 2020, 2.000%, 7/15/34 | 7/30 at 100.00 | AA+ | 1,016,400 | ||
North Montgomery High School Building Corporation, Indiana, First Mortgage Bonds, Series 2018: | ||||||
2,375 | 5.000%, 7/15/35 | 7/26 at 100.00 | AA+ | 2,859,619 | ||
2,480 | 5.000%, 7/15/36 | 7/26 at 100.00 | AA+ | 2,980,191 | ||
Plymouth Multi-School Building Corporation, Indiana, First Mortgage Bonds, Series 2018: | ||||||
1,655 | 5.000%, 1/15/34 | 7/28 at 100.00 | AA+ | 2,078,697 | ||
3,655 | 5.000%, 7/15/36 | 7/28 at 100.00 | AA+ | 4,553,728 | ||
Richmond Hospital Authority, Indiana, Revenue Bonds, Reid Hospital Project, Refunding Series 2015A: | ||||||
500 | 5.000%, 1/01/28 | 1/25 at 100.00 | A | 568,175 | ||
815 | 5.000%, 1/01/29 | 1/25 at 100.00 | A | 922,050 | ||
Vinton-Tecumseh School Building Corporation, Tippecanoe County, Indiana, First Mortgage Bonds, Series 2021: | ||||||
1,200 | 3.000%, 7/15/39 | 1/31 at 100.00 | AA+ | 1,323,444 | ||
1,250 | 3.000%, 7/15/40 | 1/31 at 100.00 | AA+ | 1,375,387 | ||
500 | 3.000%, 1/15/41 | 1/31 at 100.00 | AA+ | 549,330 |
20
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Indiana (continued) | ||||||
Whitley County Middle School Building Corporation, Columbia City, Indiana, First Mortgage Bonds, Series 2019: | ||||||
$1,590 | 5.000%, 7/15/37 | 1/30 at 100.00 | AA+ | 2,026,010 | ||
3,300 | 5.000%, 7/15/38 | 1/30 at 100.00 | AA+ | 4,194,036 | ||
1,710 | 5.000%, 1/15/39 | 1/30 at 100.00 | AA+ | 2,170,503 | ||
74,060 | Total Indiana | 90,997,004 | ||||
Iowa – 0.7% | ||||||
Des Moines Airport Authority, Iowa, Revenue Bonds, Refunding Capital Loan Notes Series 2012: | ||||||
1,000 | 5.000%, 6/01/27 (AMT) | 6/22 at 100.00 | A2 | 1,048,040 | ||
1,000 | 5.000%, 6/01/28 (AMT) | 6/22 at 100.00 | A2 | 1,047,700 | ||
3,000 | Iowa Finance Authority, State Revolving Fund Revenue Bonds, Series 2013, 5.000%, 8/01/31 | 8/23 at 100.00 | AAA | 3,316,410 | ||
Iowa Tobacco Settlement Authority, Tobacco Settlement Asset-Backed Bonds, Senior Class 1 Series 2021A-2: | ||||||
800 | 4.000%, 6/01/36 | 6/31 at 100.00 | A- | 951,760 | ||
800 | 4.000%, 6/01/37 | 6/31 at 100.00 | A- | 948,536 | ||
800 | 4.000%, 6/01/38 | 6/31 at 100.00 | A- | 945,328 | ||
1,000 | 4.000%, 6/01/39 | 6/31 at 100.00 | A- | 1,177,670 | ||
1,000 | 4.000%, 6/01/40 | 6/31 at 100.00 | A- | 1,173,690 | ||
9,400 | Total Iowa | 10,609,134 | ||||
Kansas – 1.1% | ||||||
1,075 | Hutchinson, Kansas, Hospital Facilities Revenue Bonds, Hutchinson Regional Medical Center, Inc, Series 2016, 5.000%, 12/01/36 | 12/26 at 100.00 | Ba1 | 1,192,573 | ||
4,000 | Kansas Department of Transportation, Highway Revenue Bonds, Series 2018A, 5.000%, 9/01/36 | 9/27 at 100.00 | AA | 4,949,960 | ||
205 | Kansas Power Pool, a Municipal Energy Agency Electric Utility Revenue Bonds, DogWood Facility, Series 2015A, 5.000%, 12/01/28 | 12/25 at 100.00 | A3 | 243,214 | ||
2,100 | Kansas State Turnpike Authority, Turnpike Revenue Bonds, Refunding Series 2019A, 5.000%, 9/01/37 | 9/29 at 100.00 | Aa2 | 2,720,214 | ||
1,495 | Sedgwick County Unified School District 266 Maize, Harvey County, Kansas, General Obligation Bonds, Series 2019A, 4.000%, 9/01/31 | 9/27 at 100.00 | AA | 1,761,932 | ||
2,000 | University of Kansas Hospital Authority, Health Facilities Revenue Bonds, KU Health System, Refunding & Improvement Series 2015, 5.000%, 9/01/35 | 9/25 at 100.00 | AA- | 2,352,780 | ||
2,690 | University of Kansas Hospital Authority, Health Facilities Revenue Bonds, University of Kansas Health System, Series 2019B, 5.000%, 3/01/33 | 3/30 at 100.00 | AA- | 3,520,807 | ||
13,565 | Total Kansas | 16,741,480 | ||||
Kentucky – 0.4% | ||||||
750 | Kentucky Economic Development Finance Authority, Hospital Revenue Bonds, Owensboro Health, Refunding Series 2017A, 5.000%, 6/01/26 | No Opt. Call | Baa2 | 866,167 |
21
Municipal Total Return Managed Accounts Portfolio
(continued)
Portfolio of Investments April 30, 2021
(Unaudited)
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Kentucky (continued) | ||||||
$1,180 | Trimble County, Kentucky, Pollution Control Revenue Bonds, Louisville Gas and Electric Company Project, Series 2016A, 1.300%, 9/01/44 (Mandatory Put 9/01/27) (AMT) | No Opt. Call | A1 | 1,180,118 | ||
University of Louisville, Kentucky, Revenue Bonds, General Reciepts Series 2020A: | ||||||
1,315 | 4.000%, 9/01/29 – AGM Insured | 9/28 at 100.00 | AA | 1,567,375 | ||
1,415 | 2.000%, 9/01/32 – AGM Insured | 9/28 at 100.00 | AA | 1,406,241 | ||
1,525 | 2.125%, 9/01/34 – AGM Insured | 9/28 at 100.00 | AA | 1,520,791 | ||
6,185 | Total Kentucky | 6,540,692 | ||||
Louisiana – 1.8% | ||||||
1,850 | Ascension Parishwide School District, Louisiana, General Obligation Bonds, School Series 2020, 4.000%, 3/01/39 | 3/30 at 100.00 | AA | 2,178,079 | ||
Cameron Parish School District 15, Louisiana, General Obligtion Bonds, Series 2021: | ||||||
350 | 4.000%, 10/01/34 | 10/30 at 100.00 | BBB | 383,278 | ||
350 | 4.000%, 10/01/35 | 10/30 at 100.00 | BBB | 382,291 | ||
350 | 4.000%, 10/01/36 | 10/30 at 100.00 | BBB | 381,622 | ||
350 | 4.000%, 10/01/37 | 10/30 at 100.00 | BBB | 380,716 | ||
Greater New Orleans Expressway Commission, Louisiana, Toll Revenue Bonds, Subordinate Lien Series 2017: | ||||||
1,000 | 5.000%, 11/01/36 – AGM Insured | 11/25 at 100.00 | AA | 1,183,020 | ||
805 | 5.000%, 11/01/37 – AGM Insured | 11/25 at 100.00 | AA | 950,794 | ||
4,000 | 5.000%, 11/01/42 – AGM Insured | 11/25 at 100.00 | AA | 4,688,960 | ||
200 | Louisiana Publc Facilities Authority, Lousiana, Revenue Bonds, Lincoln Preparatory School Project, Series 2021A, 5.000%, 6/01/31, 144A | No Opt. Call | N/R | 221,618 | ||
Louisiana Publc Facilities Authority, Lousiana, Revenue Bonds, Ochsner Clinic Foundation Project, Refunding Series 2017: | ||||||
2,000 | 5.000%, 5/15/33 | 5/27 at 100.00 | A | 2,428,320 | ||
2,000 | 5.000%, 5/15/34 | 5/27 at 100.00 | A | 2,422,560 | ||
2,640 | 5.000%, 5/15/35 | 5/27 at 100.00 | A | 3,193,212 | ||
1,000 | Louisiana Stadium and Exposition District, Revenue Bonds, Bond Anticipation Notes Series 2020, 5.000%, 7/03/23 | 1/23 at 100.00 | AA- | 1,074,890 | ||
100 | Louisiana State University and Agricultural and Mechanical College Board of Supervisors, Auxiliary Revenue Bonds, Refunding Series 2014, 5.000%, 7/01/22 | No Opt. Call | A+ | 105,394 | ||
New Orleans Aviation Board, Louisiana, General Airport Revenue Bonds, North Terminal Project, Series 2017B: | ||||||
400 | 5.000%, 1/01/34 (AMT) | 1/27 at 100.00 | A2 | 476,984 | ||
500 | 5.000%, 1/01/35 (AMT) | 1/27 at 100.00 | A2 | 595,255 | ||
355 | 5.000%, 1/01/36 (AMT) | 1/27 at 100.00 | A2 | 421,861 | ||
Port New Orleans Board of Commissioners, Louisiana, Revenue Bonds, Port Facilities, Refunding Series 2018B: | ||||||
3,000 | 5.000%, 4/01/37 – AGM Insured (AMT) | 4/28 at 100.00 | AA | 3,619,350 | ||
860 | 5.000%, 4/01/38 – AGM Insured (AMT) | 4/28 at 100.00 | AA | 1,034,064 |
22
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Louisiana (continued) | ||||||
$2,000 | Saint John the Baptist Parish, Louisiana, Revenue Bonds, Marathon Oil Corporation Project, Refunding Series 2017B-1, 2.125%, 6/01/37 (Mandatory Put 7/01/24) | No Opt. Call | BBB- | 2,064,700 | ||
24,110 | Total Louisiana | 28,186,968 | ||||
Maine – 0.1% | ||||||
1,155 | Portland, Maine, General Airport Revenue Bonds, Refunding Green Series 2019, 4.000%, 1/01/40 | 1/30 at 100.00 | BBB+ | 1,309,435 | ||
Maryland – 1.7% | ||||||
600 | Maryland Health and Higher Educational Facilities Authority, Maryland, Hospital Revenue Bonds, Meritus Medical Center, Series 2015, 5.000%, 7/01/21 | No Opt. Call | A- | 604,182 | ||
250 | Maryland Health and Higher Educational Facilities Authority, Revenue Bonds Doctors Community Hospital, Series 2017B, 5.000%, 7/01/32 | 7/27 at 100.00 | Baa3 | 290,523 | ||
Maryland Health and Higher Educational Facilities Authority, Revenue Bonds, Mercy Medical Center, Series 2012: | ||||||
1,000 | 5.000%, 7/01/25 | 7/22 at 100.00 | BBB+ | 1,052,860 | ||
1,000 | 5.000%, 7/01/26 | 7/22 at 100.00 | BBB+ | 1,052,460 | ||
500 | Maryland Health and Higher Educational Facilities Authority, Revenue Bonds, Adventist Healthcare, Series 2011A, 6.125%, 1/01/36 | 1/22 at 100.00 | Baa3 | 519,270 | ||
Maryland Health and Higher Educational Facilities Authority, Revenue Bonds, LifeBridge Health System, Series 2015: | ||||||
1,200 | 4.000%, 7/01/35 | 7/25 at 100.00 | A+ | 1,320,828 | ||
625 | 5.000%, 7/01/40 | 7/25 at 100.00 | A+ | 727,125 | ||
2,120 | Maryland Health and Higher Educational Facilities Authority, Revenue Bonds, Peninsula Regional Medical Center Issue, Refunding Series 2015, 5.000%, 7/01/39 (Pre-refunded 7/01/24) | 7/24 at 100.00 | A (5) | 2,434,396 | ||
1,000 | Maryland Health and Higher Educational Facilities Authority, Revenue Bonds, University of Maryland Medical System Issue, Series 2017B, 5.000%, 7/01/28 | 7/27 at 100.00 | A | 1,252,190 | ||
650 | Maryland Transportation Authority, Revenue Bonds, Transportation Facilities Projects, Series 2021A, 3.000%, 7/01/38 | 7/31 at 100.00 | Aa2 | 719,400 | ||
7,700 | Prince George's County, Maryland, Certificates of Participation, University of Maryland Capital Region Medical Center, Series 2018, 5.000%, 10/01/48 | 10/28 at 100.00 | AA+ | 9,567,404 | ||
5,000 | Prince George's County, Maryland, General Obligation Consolidated Public Improvement Bonds, Series 2018A, 5.000%, 7/15/31 | 7/28 at 100.00 | AAA | 6,402,900 | ||
21,645 | Total Maryland | 25,943,538 | ||||
Massachusetts – 2.0% | ||||||
4,335 | Massachusetts Bay Transportation Authority, Sales Tax Revenue Bonds, Subordinated Series 2021A-1, 4.000%, 7/01/39 | 7/31 at 100.00 | AA | 5,295,072 | ||
1,660 | Massachusetts Development Finance Agency, Revenue Bonds, Lahey Health System Obligated Group Issue, Series 2015F, 5.000%, 8/15/30 | 8/25 at 100.00 | A | 1,948,674 | ||
Massachusetts Development Finance Agency, Revenue Bonds, Southcoast Health System Obligated Group Issue, Series 2021G: | ||||||
350 | 5.000%, 7/01/38 | 7/31 at 100.00 | A- | 450,076 | ||
400 | 5.000%, 7/01/39 | 7/31 at 100.00 | A- | 512,952 |
23
Municipal Total Return Managed Accounts Portfolio
(continued)
Portfolio of Investments April 30, 2021
(Unaudited)
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Massachusetts (continued) | ||||||
Massachusetts Development Finance Agency, Revenue Bonds, Suffolk University, Series 2021: | ||||||
$680 | 4.000%, 7/01/46 (WI/DD, Settling 5/06/21) | 7/31 at 100.00 | Baa2 | 796,457 | ||
2,355 | 4.000%, 7/01/51 (WI/DD, Settling 5/06/21) | 7/31 at 100.00 | Baa2 | 2,747,461 | ||
Massachusetts Development Finance Agency, Revenue Bonds, Wellforce Issue, Series 2019A: | ||||||
1,350 | 5.000%, 7/01/34 | 1/29 at 100.00 | BBB+ | 1,676,875 | ||
1,255 | 5.000%, 7/01/36 | 1/29 at 100.00 | BBB+ | 1,551,695 | ||
2,085 | Massachusetts School Building Authority, Dedicated Sales Tax Revenue Bonds, Subordinated Series 2018B, 4.000%, 2/15/43 | 2/24 at 100.00 | AA+ | 2,240,499 | ||
3,500 | Massachusetts State, General Obligation Bonds, Consolidated Loan, Series 2017A, 5.000%, 4/01/37 | 4/27 at 100.00 | Aa1 | 4,333,560 | ||
3,885 | Massachusetts State, General Obligation Bonds, Consolidated Loan, Series 2017F, 5.000%, 11/01/44 | 11/27 at 100.00 | Aa1 | 4,836,281 | ||
4,000 | Massachusetts State, General Obligation Bonds, Consolidated Loan, Series 2020D, 5.000%, 7/01/48 | 7/30 at 100.00 | Aa1 | 5,134,160 | ||
25,855 | Total Massachusetts | 31,523,762 | ||||
Michigan – 2.3% | ||||||
1,200 | Byron Center Public Schools, Kent County, Michigan, General Obligation Bonds, School Building & Site Series 2020-I, 4.000%, 5/01/39 | 5/30 at 100.00 | AA | 1,450,176 | ||
Coldwater Communiuty Schools, Branch County, Michigan, General Obligation Bonds, School Building & Site Series 2018: | ||||||
510 | 5.000%, 5/01/41 | 5/28 at 100.00 | AA | 629,881 | ||
1,220 | 5.000%, 5/01/42 | 5/28 at 100.00 | AA | 1,503,430 | ||
100 | Kalamazoo Hospital Finance Authority, Michigan, Hospital Revenue Bonds, Bronson Methodist Hospital, Refunding Series 2016, 5.000%, 5/15/26 | No Opt. Call | A2 | 120,461 | ||
1,000 | Michigan Finance Authority, Distributable State Aid Revenue Bonds, Charter County of Wayne Criminal Justice Center Project, Senior Lien Series 2018, 5.000%, 11/01/43 (UB) (4) | 11/28 at 100.00 | Aa3 | 1,231,830 | ||
Michigan Finance Authority, Public School Academy Limited Obligation Revenue Bonds, Calvin University, Refunding Series 2021: | ||||||
505 | 5.000%, 9/01/36 | 9/31 at 100.00 | A- | 652,107 | ||
1,205 | 5.000%, 9/01/37 | 9/31 at 100.00 | A- | 1,550,702 | ||
385 | Michigan Finance AuthorIty, Public School Academy Limited Obligation Revenue Bonds, Voyageur Academy Project, Refunding Series 2017 Private Placement of 2017, 5.900%, 7/15/46, 144A | 7/27 at 100.00 | N/R | 339,254 | ||
3,315 | Michigan Finance Authority, Revenue Bonds, Trinity Health Credit Group, Refunding Series 2011MI, 5.000%, 12/01/39 (Pre-refunded 12/01/21) | 12/21 at 100.00 | AA- (5) | 3,408,715 | ||
4,450 | Michigan Finance Authority, Revenue Bonds, Trinity Health Credit Group, Refunding Series 2015MI, 5.000%, 12/01/34 (Pre-refunded 6/01/22) | 6/22 at 100.00 | AA- (5) | 4,684,204 | ||
1,000 | Michigan Finance Authority, Tobacco Settlement Asset- Backed Bonds, 2007 Sold Tobacco Receipts, Series 2020A-CL-1, 4.000%, 6/01/36 | 12/30 at 100.00 | A- | 1,204,340 |
24
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Michigan (continued) | ||||||
$1,000 | Michigan Mathematics & Science Initiative, Michigan, Public School Academy Revenue Bonds, Series 2021, 4.000%, 1/01/41 (WI/DD, Settling 50/6/21) | 1/31 at 100.00 | BB+ | 1,100,850 | ||
810 | Michigan State, General Obligation Bonds, Environmental Program, Series 2020A, 4.000%, 5/15/40 | 5/30 at 100.00 | Aa1 | 978,261 | ||
5,000 | Michigan State, Trunk Line Fund Bonds, Rebuilding Michigan Program Series 2020B, 4.000%, 11/15/45 (UB) (4) | 11/30 at 100.00 | AA+ | 6,004,150 | ||
Oakland University, Michigan, General Revenue Bonds, Series 2019: | ||||||
930 | 5.000%, 3/01/39 | 3/29 at 100.00 | A1 | 1,160,454 | ||
1,000 | 5.000%, 3/01/40 | 3/29 at 100.00 | A1 | 1,245,550 | ||
1,025 | 5.000%, 3/01/41 | 3/29 at 100.00 | A1 | 1,265,373 | ||
1,900 | Ottawa County, Michigan, General Obligation Bonds, Refunding Water Supply System Series 2015, 5.000%, 8/01/30 | 2/25 at 100.00 | Aaa | 2,220,340 | ||
Royal Oak Hospital Finance Authority, Michigan, Hospital Revenue Bonds, William Beaumont Hospital Obligated Group, Refunding Series 2014D: | ||||||
1,330 | 5.000%, 9/01/31 | 3/24 at 100.00 | A+ | 1,495,878 | ||
2,200 | 5.000%, 9/01/33 | 3/24 at 100.00 | A+ | 2,467,784 | ||
1,140 | Wayne State University, Michigan, General Revenue Bonds, Series 2018A, 5.000%, 11/15/35 | 11/25 at 100.00 | Aa3 | 1,343,216 | ||
31,225 | Total Michigan | 36,056,956 | ||||
Minnesota – 0.4% | ||||||
835 | Forest Lake, Minnesota, Charter School Lease Revenue Bonds, Lakes International Language Academy, Series 2014A, 4.500%, 8/01/26 | 8/22 at 102.00 | BB+ | 881,326 | ||
Saint Paul Housing & Redevelopment Authority, Minnesota, Charter School Lease Revenue Bonds, Community of Peace Academy Project, Series 2019: | ||||||
1,155 | 3.000%, 12/01/29 | No Opt. Call | BBB- | 1,186,601 | ||
1,895 | 5.000%, 12/01/39 | 12/29 at 100.00 | BBB- | 2,238,317 | ||
1,165 | Sauk Rapids, Minnesota, Health Care and Housing Facilities Revenue Bonds, Good Shepherd Luthran Home, Refunding Series 2013, 4.000%, 1/01/24 | 1/23 at 100.00 | N/R | 1,165,874 | ||
5,050 | Total Minnesota | 5,472,118 | ||||
Mississippi – 0.6% | ||||||
750 | Medical Center Educational Building Corporation, Mississippi, Revenue Bonds, University of Mississippi Medical Center Facilities Expansion and Renovation Project, Series 2012A, 5.000%, 6/01/41 (Pre-refunded 6/01/22) | 6/22 at 100.00 | Aa2 (5) | 789,473 | ||
1,190 | Mississippi Development Bank, Special Obligation Bonds, Harrison County, Mississippi Highway Refunding Project, Series 2013A, 5.000%, 1/01/26 | No Opt. Call | AA- | 1,430,439 | ||
Mississippi Development Bank, Special Obligation Bonds, Meridian Water and Sewer System, Green Series 2020: | ||||||
350 | 4.000%, 7/01/39 – BAM Insured | 7/30 at 100.00 | AA | 418,793 | ||
500 | 4.000%, 7/01/40 – BAM Insured | 7/30 at 100.00 | AA | 597,005 | ||
2,500 | 4.000%, 7/01/45 – BAM Insured | 7/30 at 100.00 | AA | 2,948,025 | ||
1,135 | Mississippi Development Bank, Special Obligation Bonds, Rankin County School District General Obligation Project, Series 2019, 5.000%, 6/01/40 | 6/29 at 100.00 | AA | 1,433,085 |
25
Municipal Total Return Managed Accounts Portfolio
(continued)
Portfolio of Investments April 30, 2021
(Unaudited)
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Mississippi (continued) | ||||||
$2,000 | Mississippi State, General Obligation Bonds, Series 2021A, 3.000%, 6/01/40 | 6/30 at 100.00 | AA | 2,216,020 | ||
8,425 | Total Mississippi | 9,832,840 | ||||
Missouri – 1.3% | ||||||
Central Southwest Missouri Community College District, Missouri, Certificates of Participation, Ozarks Technical Community College, Series 2021: | ||||||
585 | 3.000%, 3/01/40 | 3/29 at 100.00 | AA- | 614,045 | ||
500 | 3.000%, 3/01/41 | 3/29 at 100.00 | AA- | 523,595 | ||
1,000 | Greene County, Missouri, Certificates of Participation, Capital Projects, Series 2018, 5.000%, 9/01/36 | 9/28 at 100.00 | Aa3 | 1,248,030 | ||
2,000 | Missouri Health and Educational Facilities Authority, Health Facilities Revenue Bonds, BJC Health System, Series 2021A, 3.000%, 7/01/38 | 7/31 at 100.00 | AA | 2,184,440 | ||
5,000 | Missouri Health and Educational Facilities Authority, Health Facilities Revenue Bonds, Mercy Health, Series 2020, 4.000%, 6/01/50 | 6/30 at 100.00 | A+ | 5,780,700 | ||
500 | Missouri Health and Educational Facilities Authority, Revenue Bonds, Children's Mercy Hospital, Series 2017A, 4.000%, 5/15/42 (UB) (4) | 5/25 at 102.00 | A+ | 551,470 | ||
300 | Plaza at Noah's Ark Community Improvement District, Saint Charles, Missouri, Tax Increment and Improvement District Revenue Bonds, Series 2015, 3.250%, 5/01/21 | No Opt. Call | N/R | 300,000 | ||
Saint Charles County Public Water Supply District 2, Missouri, Certificates of Participation, Missouri Project Series 2019: | ||||||
250 | 4.000%, 12/01/35 | 12/25 at 100.00 | AA+ | 283,690 | ||
430 | 4.000%, 12/01/37 | 12/25 at 100.00 | AA+ | 484,627 | ||
850 | 4.000%, 12/01/38 | 12/25 at 100.00 | AA+ | 952,527 | ||
835 | Saint Louis, Missouri, Airport Revenue Bonds, Lambert-St Louis International Airport, Refunding Series 2019A, 5.000%, 7/01/39 | 7/29 at 100.00 | A2 | 1,045,812 | ||
270 | Saint Louis, Missouri, Tax Increment Financing Revenue Notes, Marquette Building Redevelopment Project, Series 2008-A, 6.500%, 1/23/28 | 6/21 at 100.00 | N/R | 136,428 | ||
1,500 | Transportation Development District, Missouri, Transportation Sales Tax Revenue Bonds, Series 2017, 4.500%, 6/01/36 | 6/26 at 100.00 | BBB | 1,627,860 | ||
Wentzville, Missouri, Certificates of Participation, Series 2019: | ||||||
895 | 5.000%, 11/01/28 | 11/27 at 100.00 | A3 | 1,120,272 | ||
590 | 5.000%, 11/01/30 | 11/27 at 100.00 | A3 | 732,432 | ||
1,040 | 5.000%, 11/01/31 | 11/27 at 100.00 | A3 | 1,286,792 | ||
1,090 | 5.000%, 11/01/32 | 11/27 at 100.00 | A3 | 1,345,649 | ||
17,635 | Total Missouri | 20,218,369 | ||||
Montana – 0.7% | ||||||
Bozeman, Montana, Tax Increment Revenue Bonds, Bozeman Midtown Urban Renewal District, Serie 2020: | ||||||
500 | 4.000%, 7/01/35 – AGM Insured | 7/30 at 100.00 | AA | 596,060 | ||
425 | 4.000%, 7/01/40 – AGM Insured | 7/30 at 100.00 | AA | 499,575 |
26
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Montana (continued) | ||||||
Montana Facilities Finance Authority, Montana, Health Facilities Reveue Bonds, Bozeman Deaconess Health Services Obligated Group, Series 2018: | ||||||
$675 | 5.000%, 6/01/36 | 6/28 at 100.00 | A | 818,809 | ||
1,255 | 5.000%, 6/01/37 | 6/28 at 100.00 | A | 1,518,425 | ||
510 | Montana Facility Finance Authority, Hospital Revenue Bonds, Benefis Health System Obligated Group, Refunding Series 2016, 5.000%, 2/15/23 | No Opt. Call | A+ | 550,912 | ||
2,685 | Montana State University, Facilities Revenue Bonds, Series 2018E, 5.000%, 11/15/43 | 11/27 at 100.00 | Aa3 | 3,287,460 | ||
2,980 | Yellowstone County K-12 School District 26 Lockwood, Montana, General Obligation Bonds, School Building Series 2018, 5.000%, 7/01/35 | 7/28 at 100.00 | A | 3,714,391 | ||
9,030 | Total Montana | 10,985,632 | ||||
Nebraska – 1.2% | ||||||
Douglas County Hospital Authority 2, Nebraska, Health Facilities Revenue Bonds, Children's Hospital Obligated Group, Series 2017: | ||||||
1,045 | 5.000%, 11/15/36 | 5/27 at 100.00 | AA- | 1,255,714 | ||
1,070 | 5.000%, 11/15/37 | 5/27 at 100.00 | AA- | 1,283,080 | ||
900 | Douglas County Hospital Authority 3, Nebraska, Health Facilities Revenue Bonds, Nebraska Methodist Health System, Refunding Series 2015, 5.000%, 11/01/29 | 11/25 at 100.00 | A | 1,060,038 | ||
5,000 | Lancaster County School District 1, Lincoln, Nebraska, General Obligation Bonds, Series 2020, 5.000%, 1/15/32 | 7/30 at 100.00 | AAA | 6,706,050 | ||
Madison County Hospital Authority 1, Nebraska, Hospital Revenue Bonds, Faith Regional Health Services Project, Refunding Series 2017A: | ||||||
1,000 | 5.000%, 7/01/27 | No Opt. Call | BBB | 1,227,660 | ||
1,500 | 5.000%, 7/01/28 | 7/27 at 100.00 | BBB | 1,812,060 | ||
525 | Madison County Hospital Authority 1, Nebraska, Hospital Revenue Bonds, Faith Regional Health Services Project, Series 2018, 5.000%, 7/01/29 | 7/25 at 100.00 | BBB | 607,293 | ||
600 | Omaha Airport Authority, Nebraska, Airport Facilities Revenue Refunding Bonds, Series 2017A, 5.000%, 12/15/34 (AMT) | 12/26 at 100.00 | Aa3 | 713,490 | ||
1,000 | Omaha Public Power District, Nebraska, Electric System Revenue Bonds, Series 2017A, 5.000%, 2/01/42 | 12/27 at 100.00 | AA | 1,236,720 | ||
2,800 | Southeast Community College Area, Nebraska, Certificates of Participation, Series 2018, 5.000%, 12/15/47 | 6/28 at 100.00 | Aa1 | 3,407,404 | ||
15,440 | Total Nebraska | 19,309,509 | ||||
Nevada – 0.9% | ||||||
Carson City, Nevada, Hospital Revenue Bonds, Carson Tahoe Regional Healthcare Project, Series 2017A: | ||||||
505 | 5.000%, 9/01/31 | 9/27 at 100.00 | A- | 614,242 | ||
1,000 | 5.000%, 9/01/33 | 9/27 at 100.00 | A- | 1,209,760 | ||
4,000 | Clark County, Nevada Airport Revenue Bonds, Senior Series 2015A, 5.000%, 7/01/40 | 7/25 at 100.00 | Aa2 | 4,651,840 | ||
115 | Clark County, Nevada, Airport Revenue Bonds, Refunding Subordinate Lien Series 2019D, 5.000%, 7/01/25 | No Opt. Call | Aa3 | 136,636 | ||
195 | Clark County, Nevada, Highway Revenue Bonds, Indexed Fuel Tax & Motor Vehicle Fuel Tax Subordinate Series 2017, 5.000%, 7/01/25 | No Opt. Call | AA- | 231,954 |
27
Municipal Total Return Managed Accounts Portfolio
(continued)
Portfolio of Investments April 30, 2021
(Unaudited)
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Nevada (continued) | ||||||
$2,000 | Las Vegas Valley Water District, Nevada, General Obligation Bonds, Refunding Water Improvement Series 2016A, 5.000%, 6/01/41 (UB) (4) | 6/26 at 100.00 | Aa1 | 2,390,180 | ||
Las Vegas, Nevada, Local Improvement Bonds, Special Improvement District 812 Summerlin Village 24, Series 2015: | ||||||
1,215 | 4.000%, 12/01/23 | No Opt. Call | N/R | 1,282,299 | ||
965 | 4.250%, 12/01/24 | No Opt. Call | N/R | 1,045,442 | ||
450 | Las Vegas, Nevada, Local Improvement Bonds, Special Improvement District 814 Summerlin Village 21& 24A, Series 2019, 3.250%, 6/01/24 | No Opt. Call | N/R | 469,940 | ||
2,425 | Nevada System of Higher Education, Certificates of Participation, Series 2020A, 3.000%, 7/01/40 | 7/29 at 100.00 | AA | 2,540,818 | ||
12,870 | Total Nevada | 14,573,111 | ||||
New Hampshire – 0.4% | ||||||
580 | New Hampshire Health and Education Facilities Authority, Revenue Bonds, Catholic Medical Center, Series 2012, 5.000%, 7/01/27 | 7/22 at 100.00 | BBB+ | 606,790 | ||
New Hampshire Health and Education Facilities Authority, Revenue Bonds, Catholic Medical Center, Series 2017: | ||||||
3,145 | 5.000%, 7/01/35 | 7/27 at 100.00 | BBB+ | 3,726,448 | ||
1,950 | 5.000%, 7/01/37 | 7/27 at 100.00 | BBB+ | 2,300,084 | ||
160 | New Hampshire Health and Education Facilities Authority, Revenue Bonds, Dartmouth-Hitchcock Obligated Group, Series 2018A, 5.000%, 8/01/36 | 2/28 at 100.00 | A | 198,339 | ||
5,835 | Total New Hampshire | 6,831,661 | ||||
New Jersey – 3.2% | ||||||
1,050 | Essex County Improvement Authority, New Jersey, General Obligation Lease Revenue Bonds, Institute of Technology CHF-Newark, LLC-NJIT Student Housing Project, Series 2021A, 4.000%, 8/01/46 – BAM Insured | 8/31 at 100.00 | AA | 1,249,216 | ||
New Jersey Economic Development Authority, Charter School Revenue Bonds, North Star Academy Charter School of Newark, Series 2017: | ||||||
460 | 5.000%, 7/15/23 | No Opt. Call | BBB- | 498,060 | ||
485 | 5.000%, 7/15/24 | No Opt. Call | BBB- | 540,945 | ||
510 | 5.000%, 7/15/25 | No Opt. Call | BBB- | 582,910 | ||
535 | 5.000%, 7/15/26 | No Opt. Call | BBB- | 625,399 | ||
560 | 5.000%, 7/15/27 | No Opt. Call | BBB- | 667,744 | ||
3,000 | New Jersey Economic Development Authority, New Jersey, Transit Transportation Project Revenue Bonds, Series 2020A, 5.000%, 11/01/34 | 11/29 at 100.00 | Baa1 | 3,760,230 | ||
1,000 | New Jersey Economic Development Authority, School Facilities Construction Bonds, Refunding Series 2015XX, 5.000%, 6/15/25 | No Opt. Call | Baa1 | 1,176,730 | ||
New Jersey Economic Development Authority, Special Facility Revenue Bonds, Port Newark Container Terminal LLC Project, Refunding Series 2017: | ||||||
1,755 | 5.000%, 10/01/22 (AMT) | No Opt. Call | Baa3 | 1,853,157 | ||
1,525 | 5.000%, 10/01/23 (AMT) | No Opt. Call | Baa3 | 1,666,337 | ||
1,800 | 5.000%, 10/01/24 (AMT) | No Opt. Call | Baa3 | 2,028,366 | ||
1,000 | 5.000%, 10/01/37 (AMT) | 10/27 at 100.00 | Baa3 | 1,171,050 |
28
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
New Jersey (continued) | ||||||
$1,375 | New Jersey Economic Development Authority, Water Facilities Revenue Bonds, New Jersey-American Water Company Inc Project, Refunding Series 2020A, 1.000%, 6/01/23 | No Opt. Call | A+ | 1,393,934 | ||
5,000 | New Jersey Health Care Facilities Financing Authority, State Contract Bonds, Hospital Asset Transformatiom Program, Refunding Series 2017, 5.000%, 10/01/29 | 4/28 at 100.00 | Baa1 | 6,202,750 | ||
625 | New Jersey State, General Obligation Bonds, Various Purpose Series 2014, 5.000%, 6/01/28 | 6/25 at 100.00 | A3 | 730,444 | ||
2,235 | New Jersey Transportation Trust Fund Authority, Federal Highway Reimbursement Revenue Notes, Series 2018A, 5.000%, 6/15/28 | 6/26 at 100.00 | A+ | 2,682,022 | ||
1,700 | New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2009C, 5.250%, 6/15/32 | 12/24 at 100.00 | Baa1 | 1,962,106 | ||
250 | New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2011A, 5.250%, 6/15/30 | 6/21 at 100.00 | Baa1 | 251,418 | ||
New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2011B: | ||||||
2,025 | 5.250%, 6/15/36 | 6/21 at 100.00 | Baa1 | 2,035,996 | ||
1,245 | 5.000%, 6/15/42 (Pre-refunded 6/15/21) | 6/21 at 100.00 | Baa1 (5) | 1,251,897 | ||
265 | New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2012A, 5.000%, 6/15/42 | 6/22 at 100.00 | Baa1 | 277,031 | ||
325 | New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2012AA, 5.000%, 6/15/33 | 6/22 at 100.00 | Baa1 | 340,139 | ||
New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2013AA: | ||||||
330 | 5.250%, 6/15/33 | 6/23 at 100.00 | Baa1 | 359,997 | ||
645 | 5.000%, 6/15/36 | 6/23 at 100.00 | Baa1 | 698,986 | ||
200 | New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2015AA, 5.250%, 6/15/32 | 6/25 at 100.00 | Baa1 | 231,532 | ||
2,145 | New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2020AA, 5.000%, 6/15/37 | 12/30 at 100.00 | Baa1 | 2,723,828 | ||
1,060 | New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2021A, 4.000%, 6/15/36 | 6/31 at 100.00 | Baa1 | 1,255,040 | ||
2,000 | New Jersey Turnpike Authority, Revenue Bonds, Refunding Series 2017A, 5.000%, 1/01/32 | 1/27 at 100.00 | A+ | 2,425,660 | ||
New Jersey Turnpike Authority, Revenue Bonds, Tender Option Bond Trust 2016-XF1057: | ||||||
194 | 17.497%, 1/01/43 (Pre-refunded 7/01/22), 144A (IF) | 7/22 at 100.00 | N/R (5) | 238,031 | ||
116 | 17.497%, 1/01/43 (Pre-refunded 7/01/22), 144A (IF) | 7/22 at 100.00 | A+ (5) | 142,132 | ||
900 | Newark, New Jersey, General Obligation Bonds, Refunding General Improvement Series 2020A, 5.000%, 10/01/27 – AGM Insured | No Opt. Call | AA | 1,110,924 | ||
500 | Newark, New Jersey, General Obligation Notes, Series 2020, 3.500%, 7/27/21 | No Opt. Call | N/R | 503,735 | ||
Passaic County Improvement Authority, New Jersey, County Guaranteed Governmental Loan Revenue Bond, Patterson City Board of Education Project, Green Series 2020: | ||||||
500 | 3.000%, 2/01/39 | 2/30 at 100.00 | Aa1 | 549,900 | ||
1,055 | 3.000%, 2/01/40 | 2/30 at 100.00 | Aa1 | 1,157,799 |
29
Municipal Total Return Managed Accounts Portfolio
(continued)
Portfolio of Investments April 30, 2021
(Unaudited)
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
New Jersey (continued) | ||||||
South Jersey Port Corporation, New Jersey, Marine Terminal Revenue Bonds, Subordinate Series 2017B: | ||||||
$2,100 | 5.000%, 1/01/34 (AMT) | 1/28 at 100.00 | Baa1 | 2,488,731 | ||
1,300 | 5.000%, 1/01/35 (AMT) | 1/28 at 100.00 | Baa1 | 1,538,173 | ||
1,250 | 5.000%, 1/01/36 (AMT) | 1/28 at 100.00 | Baa1 | 1,475,112 | ||
43,020 | Total New Jersey | 49,847,461 | ||||
New Mexico – 0.3% | ||||||
850 | Albuquerque, New Mexico, Refuse Removal and Disposal Revenue Bonds, Series 2020, 5.000%, 7/01/38 | 7/30 at 100.00 | AA | 1,108,536 | ||
2,880 | New Mexico Hospital Equipment Loan Council, Hospital Revenue Bonds, Presbyterian Healthcare Services, Series 2012A, 5.000%, 8/01/42 (Pre-refunded 8/01/22) | 8/22 at 100.00 | AA (5) | 3,055,046 | ||
3,730 | Total New Mexico | 4,163,582 | ||||
New York – 6.0% | ||||||
Dormitory Authority of the State of New York, Revenue Bonds, Memorial Sloan Kettering Cancer Center, Series 2017-1: | ||||||
1,750 | 4.000%, 7/01/36 (UB) (4) | 7/27 at 100.00 | AA | 2,011,415 | ||
1,750 | 4.000%, 7/01/37 (UB) (4) | 7/27 at 100.00 | AA | 2,006,742 | ||
3,000 | Dormitory Authority of the State of New York, Revenue Bonds, Montefiore Obligated Group, Series 2020A, 3.000%, 9/01/50 – AGM Insured | 3/30 at 100.00 | AA | 3,066,930 | ||
325 | Dormitory Authority of the State of New York, Revenue Bonds, New School University, Series 2016A, 5.000%, 7/01/27 | 1/27 at 100.00 | A3 | 398,772 | ||
250 | Dormitory Authority of the State of New York, Revenue Bonds, Northwell Healthcare Inc, Series 2019A, 5.000%, 5/01/30 | 5/29 at 100.00 | A- | 319,378 | ||
Dormitory Authority of the State of New York, Revenue Bonds, NYU Langone Hospitals Obligated Group, Series 2020A: | ||||||
2,670 | 4.000%, 7/01/50 (UB) (4) | 7/30 at 100.00 | A | 3,107,052 | ||
2,670 | 4.000%, 7/01/53 (UB) (4) | 7/30 at 100.00 | A | 3,099,603 | ||
300 | Dormitory Authority of the State of New York, Revenue Bonds, Orange Regional Medical Center Obligated Group, Series 2017, 5.000%, 12/01/29, 144A | 6/27 at 100.00 | BBB- | 355,017 | ||
750 | Dormitory Authority of the State of New York, Revenue Bonds, Rockefeller University, Series 2012B, 5.000%, 7/01/38 | 7/22 at 100.00 | Aa1 | 790,673 | ||
1,260 | Hempstead Town Local Development Corporation, New York, Revenue Bonds, Molloy College Project, Refundng Series 2017, 5.000%, 7/01/37 | 7/27 at 100.00 | BBB | 1,485,401 | ||
4,500 | Hudson Yards Infrastructure Corporation, New York, Revenue Bonds, Second Indenture Fiscal 2017 Series A, 5.000%, 2/15/36 | 2/27 at 100.00 | Aa3 | 5,396,670 | ||
320 | Liberty Development Corporation, New York, Goldman Sachs Headquarter Revenue Bonds, Series 2005, 5.250%, 10/01/35 | No Opt. Call | A2 | 456,374 | ||
340 | Liberty Development Corporation, New York, Goldman Sachs Headquarters Revenue Bonds Series 2007, 5.500%, 10/01/37 | No Opt. Call | A2 | 508,429 | ||
1,455 | Long Island Power Authority, New York, Electric System General Revenue Bonds, Series 2014A, 5.000%, 9/01/44 | 9/24 at 100.00 | A | 1,642,826 |
30
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
New York (continued) | ||||||
$1,000 | Long Island Power Authority, New York, Electric System General Revenue Bonds, Series 2015B, 5.000%, 9/01/36 | 9/25 at 100.00 | A | 1,169,880 | ||
2,000 | Long Island Power Authority, New York, Electric System General Revenue Bonds, Series 2017, 5.000%, 9/01/36 | 9/27 at 100.00 | A | 2,481,880 | ||
Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Bond Anticipation Note Series 2018B-2, Subseries A-E: | ||||||
115 | 5.000%, 5/15/21 | No Opt. Call | N/R | 115,173 | ||
250 | 5.000%, 5/15/21 | No Opt. Call | N/R | 250,375 | ||
100 | 5.000%, 5/15/21 | No Opt. Call | N/R | 100,150 | ||
150 | Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Series 2015B, 5.000%, 11/15/33 | 5/25 at 100.00 | A3 | 171,738 | ||
925 | Monroe County Industrial Development Corporation, New York, Revenue Bonds, Nazareth College of Rochester, Series 2017A, 5.000%, 10/01/31 | 10/27 at 100.00 | BBB+ | 1,104,219 | ||
1,500 | Monroe County Industrial Development Corporation, New York, Revenue Bonds, Rochester Regional Health Project, Series 2020A, 5.000%, 12/01/31 | 12/30 at 100.00 | BBB+ | 1,945,725 | ||
2,500 | Nassau County Tobacco Settlement Corporation, New York, Tobacco Settlement Asset-Backed Bonds, Refunding Series 2006A-2, 5.250%, 6/01/26 | 5/21 at 100.00 | CCC+ | 2,562,675 | ||
250 | Nassau County, New York, General Obligation Bonds, Refunding General Improvement Series 2017C, 5.000%, 10/01/29 | 10/27 at 100.00 | A+ | 309,998 | ||
New Rochelle Corporation, New York, Local Development Revenue Bonds, Iona College Project, Series 2015A: | ||||||
1,245 | 5.000%, 7/01/31 | 7/25 at 100.00 | BBB | 1,405,792 | ||
370 | 5.000%, 7/01/32 | 7/25 at 100.00 | BBB | 416,857 | ||
1,020 | New York City Industrial Development Agency, New York, PILOT Payment in Lieu of Taxes Revenue Bonds, Queens Baseball Stadium Project, Refunding Series 2021A, 3.000%, 1/01/39 – AGM Insured | 1/31 at 100.00 | AA | 1,097,081 | ||
1,930 | New York City Municipal Water Finance Authority, New York, Water and Sewer System Second General Resolution Revenue Bonds, Fiscal 2016 Series BB-1, 5.000%, 6/15/46 (UB) (4) | 6/25 at 100.00 | AA+ | 2,255,224 | ||
5,000 | New York City Municipal Water Finance Authority, New York, Water and Sewer System Second General Resolution Revenue Bonds, Fiscal 2016 Subseries CC-1, 5.000%, 6/15/38 | 12/26 at 100.00 | AA+ | 6,125,700 | ||
5,000 | New York City Municipal Water Finance Authority, New York, Water and Sewer System Second General Resolution Revenue Bonds, Fiscal 2018 Series EE, 5.000%, 6/15/39 | 12/25 at 100.00 | AA+ | 5,939,150 | ||
3,000 | New York City Transitional Finance Authority, New York, Future Tax Secured Bonds, Subordinate Fiscal 2017 Series B-1, 5.000%, 8/01/38 | 8/26 at 100.00 | AAA | 3,631,080 | ||
2,500 | New York City Transitional Finance Authority, New York, Future Tax Secured Bonds, Subordinate Fiscal 2021 Subseries C-1, 4.000%, 5/01/39 | 11/30 at 100.00 | AAA | 2,977,525 | ||
775 | New York City, New York, General Obligation Bonds, Fiscal 2017 Series A-1, 5.000%, 8/01/38 (UB) (4) | 8/26 at 100.00 | AA | 927,915 | ||
5,000 | New York City, New York, General Obligation Bonds, Fiscal 2019 Series D-1, 5.000%, 12/01/39 | 12/28 at 100.00 | AA | 6,237,900 |
31
Municipal Total Return Managed Accounts Portfolio
(continued)
Portfolio of Investments April 30, 2021
(Unaudited)
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
New York (continued) | ||||||
New York Counties Tobacco Trust VI, New York, Tobacco Settlement Pass-Through Bonds, Series Series 2016B: | ||||||
$540 | 5.000%, 6/01/29 | 6/26 at 100.00 | A | 642,011 | ||
250 | 5.000%, 6/01/31 | 6/26 at 100.00 | A- | 293,670 | ||
2,840 | New York Liberty Development Corporation, New York, Liberty Revenue Bonds, 3 World Trade Center Project, Class 1 Series 2014, 5.000%, 11/15/44, 144A | 11/24 at 100.00 | N/R | 3,108,664 | ||
3,000 | New York State Environmental Facilities Corporation, State Clean Water and Drinking Water Revolving Funds Revenue Bonds, New York City Municipal Water Finance Authority Projects-Second Resolution Bonds,, 5.000%, 6/15/42 | 6/27 at 100.00 | AAA | 3,697,440 | ||
New York State Environmental Facilities Corporation, State Clean Water and Drinking Water Revolving Funds Revenue Bonds, Pooled Loan Issue, Series 2005B: | ||||||
500 | 5.500%, 10/15/27 (ETM) | No Opt. Call | AAA | 648,620 | ||
1,000 | 5.500%, 4/15/35 (ETM) | No Opt. Call | AAA | 1,445,000 | ||
100 | New York State Thruway Authority, General Revenue Bonds, Series 2014J, 5.000%, 1/01/23 | No Opt. Call | A1 | 107,838 | ||
5,000 | New York State Urban Development Corporation, State Personal Income Tax Revenue Bonds, General Purpose, Series 2020C, 5.000%, 3/15/43 | 9/30 at 100.00 | AA+ | 6,381,150 | ||
1,065 | New York Transportation Development Corporation, New York, Special Facilities Bonds, LaGuardia Airport Terminal B Redevelopment Project, Series 2016A, 4.000%, 7/01/33 (AMT) | 7/24 at 100.00 | BBB | 1,159,817 | ||
Newburgh, Orange County, New York, General Obligation Bonds, Deficit Liquidation, Series 2012B: | ||||||
605 | 5.000%, 6/15/24 | 6/22 at 100.00 | Baa2 | 637,712 | ||
635 | 5.000%, 6/15/25 | 6/22 at 100.00 | Baa2 | 669,334 | ||
915 | Newburgh, Orange County, New York, General Obligation Bonds, Series 2012A, 5.000%, 6/15/25 – AGC Insured | 6/22 at 100.00 | Baa2 | 964,474 | ||
1,530 | Port Authority of New York and New Jersey, Consolidated Revenue Bonds, Two Hundred Seventh Series 2018, 5.000%, 9/15/27 (AMT) | No Opt. Call | Aa3 | 1,911,200 | ||
600 | Poughkeepsie City, New York, General Obligation Bonds, Refunding Public Improvement Series 2019, 5.000%, 6/01/31 | 6/26 at 100.00 | Ba1 | 668,934 | ||
100 | Suffolk County, New York, General Obligation Bonds, Public Improvement Series 2018A, 5.000%, 6/01/26 – AGM Insured | No Opt. Call | AA | 121,218 | ||
1,000 | Syracuse, New York, General Obligation Bonds, Airport Terminal Security Access Improvement Series 2011A, 5.000%, 11/01/36 (AMT) | 11/21 at 100.00 | A1 | 1,021,170 | ||
260 | Triborough Bridge and Tunnel Authority, New York, General Purpose Revenue Bonds, Refunding Subordinate Lien Series 2017A2, 5.000%, 11/15/42 | 5/27 at 100.00 | AA- | 314,213 | ||
2,895 | Triborough Bridge and Tunnel Authority, New York, General Revenue Bonds, MTA Bridges & Tunnels, Series 2020A, 5.000%, 11/15/54 | 11/30 at 100.00 | AA- | 3,651,956 | ||
465 | Yonkers Economic Development Corporation, New York, Educational Revenue Bonds, Lamartine/Warburton LLC-Charter School of Educational Excellence Project, Series 2019A, 5.000%, 10/15/54 | 10/29 at 100.00 | N/R | 524,678 | ||
79,270 | Total New York | 93,840,418 |
32
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
North Carolina – 2.0% | ||||||
Charlotte, North Carolina, Airport Revenue Bonds, Charlotte Douglas International, Refunding Series 2017B: | ||||||
$1,000 | 5.000%, 7/01/42 (AMT) | 7/27 at 100.00 | Aa3 | 1,202,940 | ||
1,000 | 5.000%, 7/01/47 (AMT) | 7/27 at 100.00 | Aa3 | 1,201,280 | ||
Charlotte, North Carolina, Airport Revenue Bonds, Charlotte Douglas International, Series 2019B: | ||||||
890 | 5.000%, 7/01/29 (AMT) | No Opt. Call | Aa3 | 1,161,717 | ||
935 | 5.000%, 7/01/30 (AMT) | 7/29 at 100.00 | Aa3 | 1,207,833 | ||
985 | 5.000%, 7/01/31 (AMT) | 7/29 at 100.00 | Aa3 | 1,265,833 | ||
4,080 | Charlotte, North Carolina, Water and Sewer System Revenue Bonds, Refunding Series 2015, 5.000%, 7/01/40 | 7/25 at 100.00 | AAA | 4,782,535 | ||
North Carolina Capital Facilities Finance Agency, Revenue Bonds, Duke University Project, Series 2015 A: | ||||||
125 | 5.000%, 10/01/41 (Pre-refunded 10/01/25) (UB) (4) | 10/25 at 100.00 | AA+ (5) | 150,283 | ||
1,020 | 5.000%, 10/01/55 (Pre-refunded 10/01/25) (UB) (4) | 10/25 at 100.00 | AA+ (5) | 1,226,305 | ||
350 | North Carolina Eastern Municipal Power Agency, Power System Revenue Bonds, Refunding Series 1993B, 6.000%, 1/01/22 – FGIC Insured (ETM) | No Opt. Call | Baa2 (5) | 363,559 | ||
North Carolina Eastern Municipal Power Agency, Power System Revenue Bonds, Series 2012A: | ||||||
1,000 | 5.000%, 1/01/25 (Pre-refunded 7/01/22) | 7/22 at 100.00 | N/R (5) | 1,056,710 | ||
1,500 | 5.000%, 1/01/26 (Pre-refunded 7/01/22) | 7/22 at 100.00 | N/R (5) | 1,585,065 | ||
3,155 | North Carolina Medial Care Commission, Health Care Facilities Revenue Bonds, Rex Healthcare, Series 2020A, 4.000%, 7/01/49 (UB) (4) | 1/30 at 100.00 | AA- | 3,579,695 | ||
750 | North Carolina Medical Care Commission, Retirement Facilities First Mortgage Revenue Bonds, United Methodist Retirement Homes, Refunding Series 2017A, 5.000%, 10/01/37 | 10/23 at 103.00 | BBB | 814,732 | ||
3,500 | North Carolina Turnpike Authority, Triangle Expressway System Revenue Bonds, Refunding Series 2018, 5.000%, 1/01/31 | 1/29 at 100.00 | BBB | 4,373,390 | ||
1,000 | North Carolina Turnpike Authority, Triangle Expressway System Revenue Bonds, Refunding Senior Lien Series 2017, 5.000%, 1/01/32 | 1/27 at 100.00 | BBB | 1,194,040 | ||
Raleigh Durham Airport Authority, North Carolina, Airport Revenue Bonds, Refunding Series 2017A: | ||||||
1,110 | 5.000%, 5/01/31 (AMT) | 5/27 at 100.00 | Aa3 | 1,353,412 | ||
1,750 | 5.000%, 5/01/32 (AMT) | 5/27 at 100.00 | Aa3 | 2,128,280 | ||
1,135 | 5.000%, 5/01/33 (AMT) | 5/27 at 100.00 | Aa3 | 1,376,698 | ||
500 | Raleigh Durham Airport Authority, North Carolina, Airport Revenue Bonds, Refunding Series 2020A, 5.000%, 5/01/33 (AMT) | 5/30 at 100.00 | Aa3 | 647,920 | ||
25,785 | Total North Carolina | 30,672,227 | ||||
North Dakota – 0.2% | ||||||
1,365 | North Dakota Public Finance Authority, Capital Financing Program Revenue Bonds, Series 2015B, 5.250%, 6/01/27 | 6/25 at 100.00 | AA- | 1,620,091 |
33
Municipal Total Return Managed Accounts Portfolio
(continued)
Portfolio of Investments April 30, 2021
(Unaudited)
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
North Dakota (continued) | ||||||
$1,485 | Ward County Health Care, North Dakota, Revenue Bonds, Trinity Obligated Group, Series 2017C, 5.000%, 6/01/34 | 6/28 at 100.00 | BBB- | 1,740,910 | ||
2,850 | Total North Dakota | 3,361,001 | ||||
Ohio – 2.5% | ||||||
Bethel Local School District, Miami County, Ohio, Certificates of Participation, Series 2020: | ||||||
500 | 4.000%, 12/01/32 – BAM Insured | 6/28 at 100.00 | AA | 580,910 | ||
1,000 | 4.000%, 12/01/36 – BAM Insured | 6/28 at 100.00 | AA | 1,150,320 | ||
Buckeye Tobacco Settlement Financing Authority, Ohio, Tobacco Settlement Asset-Backed Revenue Bonds, Refunding Senior Lien Series 2020A-2 Class 1: | ||||||
975 | 4.000%, 6/01/37 | 6/30 at 100.00 | A- | 1,147,478 | ||
945 | 4.000%, 6/01/38 | 6/30 at 100.00 | A- | 1,107,313 | ||
945 | 4.000%, 6/01/39 | 6/30 at 100.00 | A- | 1,102,834 | ||
City of Elyria, Ohio, General Obligation Various Purpose Bonds, Series 2018: | ||||||
1,315 | 5.000%, 12/01/39 – BAM Insured (Pre-refunded 6/01/23) | 6/23 at 100.00 | AA (5) | 1,447,947 | ||
3,045 | 5.000%, 12/01/43 – BAM Insured (Pre-refunded 6/01/23) | 6/23 at 100.00 | AA (5) | 3,352,849 | ||
2,920 | Cleveland, Ohio, General Obligation Bonds, Various Purpose Series 2019A, 4.000%, 12/01/34 | 12/29 at 100.00 | AA+ | 3,537,901 | ||
Cleveland, Ohio, Income Tax Revenue Bonds, Bridges & Roadways Improvements, Subordinate Lien Series 2015A-2: | ||||||
115 | 5.000%, 10/01/37 (Pre-refunded 10/01/23) | 10/23 at 100.00 | N/R (5) | 127,901 | ||
335 | 5.000%, 10/01/37 (Pre-refunded 10/01/23) | 10/23 at 100.00 | AA+ (5) | 374,302 | ||
870 | Cleveland, Ohio, Income Tax Revenue Bonds, Public Facilities Improvements, Subordinate Lien Series 2018A, 5.000%, 10/01/38 | 4/28 at 100.00 | AA | 1,059,460 | ||
1,000 | Cuyahoga Community College District, Ohio, General Obligation Bonds, Facilities Construction & Improvement Series 2018, 5.000%, 12/01/37 | 6/26 at 100.00 | Aa1 | 1,195,630 | ||
2,000 | Franklin County, Ohio, Hospital Facilities Revenue Bonds, OhioHealth Corporation, Series 2015, 5.000%, 5/15/35 | 5/25 at 100.00 | AA+ | 2,321,620 | ||
Franklin County, Ohio, Sales Tax Revenue Bonds, Various Purpose Series 2018: | ||||||
2,250 | 5.000%, 6/01/36 | 6/28 at 100.00 | AAA | 2,826,292 | ||
2,250 | 5.000%, 6/01/37 | 6/28 at 100.00 | AAA | 2,818,912 | ||
Medina County, Ohio, General Obligation Bonds, Courthouse Facility Improvement Limited Tax Series 2021: | ||||||
500 | 3.000%, 12/01/33 | 6/26 at 100.00 | AA+ | 538,515 | ||
500 | 3.000%, 12/01/35 | 6/26 at 100.00 | AA+ | 536,755 | ||
550 | Muskingum County, Ohio, Hospital Facilities Revenue Bonds, Genesis HealthCare System Obligated Group Project, Series 2013, 5.000%, 2/15/27 | 2/23 at 100.00 | BB+ | 580,866 | ||
Ohio Higher Educational Facility Commission, Revenue Bonds, Kenyon College, Series 2017: | ||||||
500 | 5.000%, 7/01/34 | 7/27 at 100.00 | A | 607,670 | ||
495 | 5.000%, 7/01/42 | 7/27 at 100.00 | A | 592,565 |
34
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Ohio (continued) | ||||||
$2,500 | Ohio State, Capital Facilities Lease-Appropriation Bonds, Special Obligation, Administrative Building Fund Projects, Series 2017A, 5.000%, 4/01/35 | 4/27 at 100.00 | AA | 3,038,025 | ||
2,040 | Ohio State, Hospital Revenue Bonds, Cleveland Clinic Health System Obligated Group, Refunding Series 2017A, 5.000%, 1/01/32 | 1/28 at 100.00 | AA | 2,560,057 | ||
2,450 | Ohio Water Development Authority, Revenue Bonds, Fresh Water Development, Series 2019, 5.000%, 6/01/44 | 12/29 at 100.00 | AAA | 3,142,076 | ||
2,245 | Ross County, Ohio, Hospital Facilities Revenue Bonds, Adena Health System Obligated Group Project, Refunding & Improvement Series 2019, 5.000%, 12/01/44 | 12/29 at 100.00 | A- | 2,779,984 | ||
32,245 | Total Ohio | 38,528,182 | ||||
Oklahoma – 0.5% | ||||||
2,000 | Edmond Public Works Authority, Oklahoma, Sales Tax and Utility Systems Revenue Bonds, Series 2017, 5.000%, 7/01/42 | 7/27 at 100.00 | AA- | 2,428,160 | ||
Kingfisher Special Projects Authority, Oklahoma, Educational Facilities Lease Revenue Bonds, Kingfisher Public Schools Project, Series 2020: | ||||||
550 | 4.000%, 3/01/24 | No Opt. Call | A | 604,175 | ||
2,170 | 4.000%, 3/01/28 | No Opt. Call | A | 2,580,542 | ||
500 | Marshall County Educational Facilities Authority, Oklahoma, Lease Revenue Bonds, Madill Public Schools Project, Series 2017A, 5.000%, 9/01/32 | 9/27 at 100.00 | A- | 616,020 | ||
1,370 | Oklahoma State Turnpike Authority, Turnpike System Revenue Bonds, Second Senior Series 2017A, 5.000%, 1/01/37 | 1/26 at 100.00 | AA- | 1,623,149 | ||
6,590 | Total Oklahoma | 7,852,046 | ||||
Oregon – 0.6% | ||||||
950 | Clatsop County, Oregon, General Obligation Bonds, Series 2019, 5.000%, 6/15/38 | 6/29 at 100.00 | Aa2 | 1,212,181 | ||
750 | Klamath Falls Intercommunity Hospital Authority, Oregon, Revenue Bonds, Sky Lakes Medical Center Project, Series 2012, 5.000%, 9/01/21 | No Opt. Call | A | 761,363 | ||
2,000 | Lane County School District 4J Eugene, Oregon, General Obligation Bonds, Series 2017, 5.000%, 6/15/31 | 6/27 at 100.00 | Aa1 | 2,472,960 | ||
2,710 | Multnomah County, Oregon, General Obligation Bonds, Full Faith & Credit Series 2017, 5.000%, 6/01/29 | 6/27 at 100.00 | AAA | 3,388,990 | ||
245 | Oregon Special Districts Association, Certificates of Participation, Flexlease Program, Series 2013A, 4.000%, 1/01/24 | 7/21 at 100.00 | N/R | 246,191 | ||
1,060 | Oregon State, General Obligation Bonds, Article XI-M Seismic Projects Series 2017C, 5.000%, 6/01/34 | 6/27 at 100.00 | AA+ | 1,309,842 | ||
7,715 | Total Oregon | 9,391,527 | ||||
Pennsylvania – 4.0% | ||||||
650 | Allegheny County Higher Education Building Authority, Pennsylvania, Revenue Bonds, Robert Morris University, Series 2016, 5.000%, 10/15/22 | No Opt. Call | Baa3 | 687,453 | ||
100 | Allentown Neighborhood Improvement Zone Development Authority, Pennsylvania, Tax Revenue Bonds, City Center Project, Series 2018, 5.000%, 5/01/33, 144A | 5/28 at 100.00 | Baa3 | 119,196 |
35
Municipal Total Return Managed Accounts Portfolio
(continued)
Portfolio of Investments April 30, 2021
(Unaudited)
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Pennsylvania (continued) | ||||||
Berks County Industrial Development Authority, Pennsylvania, Health System Revenue Bonds, Tower Health Project, Series 2017: | ||||||
$420 | 5.000%, 11/01/21 | No Opt. Call | BB- | 425,653 | ||
650 | 5.000%, 11/01/24 | No Opt. Call | BB- | 699,270 | ||
710 | 5.000%, 11/01/29 | 11/27 at 100.00 | BB- | 766,253 | ||
50 | 5.000%, 11/01/37 | 11/27 at 100.00 | BB- | 52,054 | ||
160 | 4.000%, 11/01/47 | 11/27 at 100.00 | BB- | 155,597 | ||
Berks County Municipal Authority, Pennsylvania, Revenue Bonds, Reading Hospital & Medical Center Project, Series 2012A: | ||||||
1,080 | 5.000%, 11/01/40 | 5/22 at 100.00 | BB- | 1,084,082 | ||
140 | 5.000%, 11/01/44 | 5/22 at 100.00 | BB- | 140,356 | ||
835 | Bucks County Industrial Development Authority, Pennsylvania, Hospital Revenue Bonds, Saint Luke's University Health Network Project, Series 2021, 3.000%, 8/15/53 | 8/30 at 100.00 | A- | 866,287 | ||
1,000 | Central Bradford Progress Authority, Pennsylvania, Revenue Bonds, Guthrie Health, Refunding Series 2011, 5.000%, 12/01/26 (Pre-refunded 12/01/21) | 12/21 at 100.00 | AA- (5) | 1,027,980 | ||
2,595 | Chester County Health and Education Facilities Authority, Pennsylvania, Health System Revenue Bonds, Main Line Health System, Series 2020A, 4.000%, 9/01/41 | 9/30 at 100.00 | AA | 3,069,703 | ||
Delaware County Authority, Pennsylvania, Revenue Bonds, Elwyn, Inc Project, Series 2017: | ||||||
1,750 | 5.000%, 6/01/32 | 6/25 at 102.00 | BB | 1,878,520 | ||
1,760 | 5.000%, 6/01/37 | 6/25 at 102.00 | BB | 1,869,859 | ||
700 | Delaware County Authority, Pennsylvania, Revenue Bonds, Villanova University, Series 2015, 5.000%, 8/01/31 | 8/25 at 100.00 | AA- | 817,943 | ||
1,350 | Doylestown Hospital Authority, Pennsylvania, Hospital Revenue Bonds, Series 2019A, 5.000%, 7/01/49 | 7/29 at 100.00 | BBB- | 1,563,327 | ||
1,140 | Lancaster County Hospital Authority, Pennsylvania, Health System Revenue Bonds, Lancaster General Hospital Project, Tender Option Bond Trust 2015-XF0065, 17.603%, 7/01/42 (Pre-refunded 1/01/22), 144A (IF) | 1/22 at 100.00 | N/R (5) | 1,284,210 | ||
Luzerne County, Pennsylvania, General Obligation Bonds, Refunding Series 2017A: | ||||||
1,000 | 5.000%, 12/15/26 | No Opt. Call | AA | 1,214,130 | ||
500 | 5.000%, 12/15/27 | No Opt. Call | AA | 620,930 | ||
Luzerne County, Pennsylvania, General Obligation Bonds, Refunding Series 2017B: | ||||||
500 | 5.000%, 12/15/26 | No Opt. Call | AA | 607,065 | ||
500 | 5.000%, 12/15/27 | No Opt. Call | AA | 620,930 | ||
1,250 | Lycoming County Authority, Pennsylvania, Revenue Bonds, Pennsylvania College of Technology, Refunding Series 2011, 5.500%, 7/01/26 | 7/21 at 100.00 | A | 1,260,612 | ||
3,600 | Montgomery County Higher Education and Health Authority, Pennsylvania, Revenue Bonds, Thomas Jefferson University, Series 2018A, 5.000%, 9/01/34 | 9/28 at 100.00 | A | 4,508,100 | ||
1,000 | Pennsylvania Economic Development Financing Authority, Private Activity Revenue Bonds, Pennsylvania Rapid Bridge Replacement Project, Series 2015, 4.125%, 12/31/38 (AMT) | 6/26 at 100.00 | BBB | 1,115,530 | ||
2,290 | Pennsylvania HIgher Educational Facilities Authority, Revenue Bonds, Thomas Jefferson University, Refunding Series 2015A, 5.000%, 9/01/45 | 3/25 at 100.00 | A | 2,573,662 |
36
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Pennsylvania (continued) | ||||||
Pennsylvania Higher Educational Facilities Authority, Revenue Bonds, University of Pennsylvania Health System, Series 2019: | ||||||
$2,000 | 4.000%, 8/15/44 (UB) (4) | 8/29 at 100.00 | AA | 2,339,260 | ||
3,000 | 4.000%, 8/15/49 (UB) (4) | 8/29 at 100.00 | AA | 3,488,100 | ||
500 | Pennsylvania Turnpike Commission, Turnpike Revenue Bonds, Series 2015A-1, 5.000%, 12/01/45 | 6/25 at 100.00 | A+ | 578,180 | ||
5,385 | Pennsylvania Turnpike Commission, Turnpike Revenue Bonds, Series 2019A, 5.000%, 12/01/38 | 12/29 at 100.00 | A1 | 6,917,625 | ||
3,050 | Pennsylvania Turnpike Commission, Turnpike Revenue Bonds, Subordinate Series 2021A, 4.000%, 12/01/44 | 12/30 at 100.00 | A | 3,554,165 | ||
1,845 | Philadelphia Authority for Industrial Development, Pennsylvania, Revenue Bonds, Thomas Jefferson University, Fixed Rate Series 2017A, 5.000%, 9/01/36 | 3/27 at 100.00 | A | 2,225,328 | ||
430 | Philadelphia Gas Works, Pennsylvania, Revenue Bonds, Refunding Thirteenth Series 2015, 5.000%, 8/01/27 | 8/25 at 100.00 | A | 507,353 | ||
1,500 | Philadelphia, Pennsylvania, Airport Revenue Bonds, Refunding Series 2015A, 5.000%, 6/15/26 (AMT) | 6/25 at 100.00 | A2 | 1,762,080 | ||
3,000 | Philadelphia, Pennsylvania, Airport Revenue Bonds, Refunding Series 2017B, 5.000%, 7/01/35 (AMT) | 7/27 at 100.00 | A2 | 3,616,740 | ||
600 | Pittsburgh Water and Sewer Authority, Pennsylvania, Water and Sewer System Revenue Bonds, First Lien Series 2019A, 5.000%, 9/01/32 – AGM Insured | 9/29 at 100.00 | AA | 773,442 | ||
4,740 | Southcentral Pennsylvania General Authority, Revenue Bonds, Wellspan Health Obligated Group, Series 2019A, 5.000%, 6/01/38 (UB) (4) | 6/29 at 100.00 | Aa3 | 5,964,532 | ||
725 | Susquehanna Area Regional Airport Authority, Pennsylvania, Airport System Revenue Bonds, Series 2017, 5.000%, 1/01/35 (AMT) | 1/28 at 100.00 | Baa3 | 808,767 | ||
590 | Upper Merion Area School District, Montgomery County, Pennsylvania, General Obligation Bonds, Series 2016, 5.000%, 1/15/35 | 1/25 at 100.00 | Aa1 | 682,536 | ||
53,095 | Total Pennsylvania | 62,246,810 | ||||
Rhode Island – 0.4% | ||||||
1,500 | Rhode Island Health and Educational Building Corporation, Higher Education Facility Revenue Bonds, Providence College, Refunding Series 2015, 5.000%, 11/01/40 | 11/25 at 100.00 | A | 1,738,920 | ||
Rhode Island Health and Educational Building Corporation, Hospital Financing Revenue Bonds, Lifespan Obligated Group, Refunding Series 2016: | ||||||
1,500 | 5.000%, 5/15/30 | 5/26 at 100.00 | BBB+ | 1,751,790 | ||
2,200 | 5.000%, 5/15/31 | 5/26 at 100.00 | BBB+ | 2,559,194 | ||
5,200 | Total Rhode Island | 6,049,904 | ||||
South Carolina – 1.2% | ||||||
Charleston County Airport District, South Carolina, Airport Revenue Bonds, Series 2019: | ||||||
1,000 | 5.000%, 7/01/36 | 7/29 at 100.00 | A1 | 1,270,880 | ||
800 | 5.000%, 7/01/37 | 7/29 at 100.00 | A1 | 1,013,752 | ||
3,005 | South Carolina Jobs-Economic Development Authority, Economic Development Revenue Bonds, Wofford College, Series 2019, 5.000%, 4/01/49 | 4/29 at 100.00 | A- | 3,549,506 |
37
Municipal Total Return Managed Accounts Portfolio
(continued)
Portfolio of Investments April 30, 2021
(Unaudited)
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
South Carolina (continued) | ||||||
South Carolina Jobs-Economic Development Authority, Economic Development Revenue Bonds, York Preparatory Academy Project, Series 2014A: | ||||||
$120 | 5.750%, 11/01/23 | No Opt. Call | N/R | 125,330 | ||
180 | 7.000%, 11/01/33 | 11/24 at 100.00 | N/R | 201,479 | ||
785 | South Carolina State Ports Authority, Revenue Bonds, Series 2015, 5.000%, 7/01/33 (Pre-refunded 7/01/25) (AMT) | 7/25 at 100.00 | A+ (5) | 930,186 | ||
South Carolina State Ports Authority, Revenue Bonds, Series 2018: | ||||||
2,840 | 5.000%, 7/01/34 (AMT) | 7/28 at 100.00 | A+ | 3,544,008 | ||
450 | 5.000%, 7/01/48 (AMT) | 7/28 at 100.00 | A+ | 551,345 | ||
2,525 | South Carolina Transportation Infrastructure Bank, Revenue Bonds, Series 2012A, 5.000%, 10/01/29 (Pre-refunded 10/01/21) | 10/21 at 100.00 | Aa3 (5) | 2,575,702 | ||
Spartanburg County School District 7, South Carolina, General Obligation Bonds, Series 2018B: | ||||||
825 | 5.000%, 3/01/30 | 3/29 at 100.00 | Aa1 | 1,072,855 | ||
1,495 | 5.000%, 3/01/38 | 3/29 at 100.00 | Aa1 | 1,893,716 | ||
Spartanburg Regional Health Services District, Inc, South Carolina, Hosptial Revenue Bonds, Series 2020A: | ||||||
1,000 | 5.000%, 4/15/33 – AGM Insured | 4/30 at 100.00 | AA | 1,275,420 | ||
1,050 | 5.000%, 4/15/35 – AGM Insured | 4/30 at 100.00 | AA | 1,331,956 | ||
16,075 | Total South Carolina | 19,336,135 | ||||
South Dakota – 0.3% | ||||||
1,000 | South Dakota Health and Educational Facilities Authority, Revenue Bonds, Avera Health, Refunding Series 2017, 5.000%, 7/01/35 | 7/27 at 100.00 | AA- | 1,210,160 | ||
2,765 | South Dakota Health and Educational Facilities Authority, Revenue Bonds, Regional Health, Refunding Series 2017, 5.000%, 9/01/40 | 9/27 at 100.00 | AA- | 3,279,152 | ||
3,765 | Total South Dakota | 4,489,312 | ||||
Tennessee – 0.9% | ||||||
1,820 | Greeneville Health and Educational Facilities Board, Tennessee, Hospital Revenue Bonds, Ballad Health, Series 2018A, 5.000%, 7/01/35 | 7/28 at 100.00 | A | 2,239,255 | ||
1,400 | Knox County Health, Educational and Housing Facilities Board, Tennessee, Revenue Bonds, University Health System, Inc, Series 2017, 5.000%, 4/01/27 | No Opt. Call | BBB | 1,715,336 | ||
Metropolitan Government of Nashville-Davidson County Health and Educational Facilities Board, Tennessee, Revenue Bonds, Knowledge Academy Charter School, Series 2017A: | ||||||
105 | 4.625%, 6/15/27, 144A (6) | No Opt. Call | N/R | 63,000 | ||
300 | 5.500%, 6/15/37, 144A (6) | 6/27 at 100.00 | N/R | 180,000 | ||
830 | Metropolitan Government of Nashville-Davidson County Health and Educational Facilities Board, Tennessee, Revenue Bonds, Vanderbilt University Medical Center, Series 2016A, 5.000%, 7/01/35 | 7/26 at 100.00 | Aa1 | 999,129 | ||
1,500 | Metropolitan Government of Nashville-Davidson County, Tennessee, Water and Sewerage Revenue Bonds, Series 2013, 5.000%, 7/01/40 | 7/23 at 100.00 | AA | 1,648,455 | ||
1,350 | Metropolitan Nashville Airport Authority, Tennessee, Airport Revenue Bonds, Refunding & Improvement Series 2015B, 5.000%, 7/01/32 (AMT) | 7/25 at 100.00 | A1 | 1,566,405 |
38
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Tennessee (continued) | ||||||
$3,000 | Tennergy Corporation, Tennessee, Gas Revenue Bonds, Series 2021A, 4.000%, 12/01/51 (Mandatory Put 9/01/28) (WI/DD, Settling 5/04/21) | 6/28 at 100.68 | A1 | 3,560,280 | ||
1,245 | Tennessee State School Bond Authority, Higher Educational Facilities Second Program Bonds, Refunding Series 2015B, 5.000%, 11/01/35 (Pre-refunded 11/01/25) | 11/25 at 100.00 | AA+ (5) | 1,497,835 | ||
11,550 | Total Tennessee | 13,469,695 | ||||
Texas – 15.5% | ||||||
1,535 | Alamo Community College District, Bexar County, Texas, General Obligation Bonds, Refunding Limited Tax Series 2017, 5.000%, 8/15/36 | 8/27 at 100.00 | AAA | 1,913,101 | ||
560 | Arlington Higher Education Finance Corporation, Texas, Education Revenue Bonds, Uplift Education, Refunding Series 2017A, 5.000%, 12/01/35 | 6/27 at 100.00 | AAA | 683,194 | ||
1,335 | Arlington Higher Education Finance Corporation, Texas, Education Revenue Bonds, Uplift Education, Series 2016A, 2.750%, 12/01/26 | No Opt. Call | BBB- | 1,379,722 | ||
1,090 | Arlington, Texas, General Obligation Bonds, Refunding Permanent Improvement Series 2020, 4.000%, 8/15/22 | No Opt. Call | AAA | 1,144,522 | ||
250 | Austin Community College District Public Facility Corporation, Texas, Lease Revenue Bonds, Highland Campus - Building 3000 Project, Series 2018A, 5.000%, 8/01/31 | 8/27 at 100.00 | AA | 309,020 | ||
485 | Austin Community College District Public Facility Corporation, Texas, Lease Revenue Bonds, Round Rock Campus, Refunding Series 2015, 5.000%, 8/01/27 | 8/25 at 100.00 | AA | 572,916 | ||
Austin Convention Enterprises Inc, Texas, Convention Center Hotel Revenue Bonds, Refunding First Tier Series 2017A: | ||||||
500 | 5.000%, 1/01/32 | 1/27 at 100.00 | BB+ | 557,210 | ||
500 | 5.000%, 1/01/33 | 1/27 at 100.00 | BB+ | 555,290 | ||
Austin, Texas, Airport System Revenue Bonds, Series 2017A: | ||||||
890 | 5.000%, 11/15/35 | 11/26 at 100.00 | A1 | 1,068,401 | ||
5,000 | 5.000%, 11/15/41 | 11/26 at 100.00 | A1 | 5,998,300 | ||
5,000 | Austin, Texas, Airport System Revenue Bonds, Series 2017B, 5.000%, 11/15/46 (AMT) | 11/26 at 100.00 | A1 | 5,887,300 | ||
2,000 | Austin, Texas, Airport System Revenue Bonds, Series 2019B, 5.000%, 11/15/33 (AMT) | 11/29 at 100.00 | A1 | 2,534,860 | ||
3,200 | Austin, Texas, Electric Utility System Revenue Bonds, Refunding Series 2015A, 5.000%, 11/15/45 (UB) (4) | 11/25 at 100.00 | AA | 3,746,720 | ||
250 | Boerne Independent School District, Kendall County, Texas, General Obligation Bonds, School Building Series 2016, 5.000%, 2/01/28 | 2/26 at 100.00 | Aaa | 300,893 | ||
1,750 | Brazoria County Toll Road Authority, Texas, Toll Road Revenue Bond, Refunding Limited Contract Tax & Subordinate Lien Series 2020, 5.000%, 3/01/49 | 3/27 at 100.00 | AA+ | 2,079,367 | ||
1,825 | Central Texas Regional Mobility Authority, Revenue Bonds, Refunding Senior Lien Series 2013A, 5.000%, 1/01/33 (Pre-refunded 1/01/23) | 1/23 at 100.00 | A- (5) | 1,973,117 | ||
1,210 | Central Texas Regional Mobility Authority, Revenue Bonds, Refunding Subordinate Lien Series 2016, 5.000%, 1/01/28 | 1/26 at 100.00 | BBB+ | 1,428,393 | ||
Central Texas Regional Mobility Authority, Revenue Bonds, Senior Lien Series 2021B: | ||||||
900 | 5.000%, 1/01/38 | 1/31 at 100.00 | A- | 1,162,125 | ||
1,150 | 5.000%, 1/01/39 | 1/31 at 100.00 | A- | 1,480,774 |
39
Municipal Total Return Managed Accounts Portfolio
(continued)
Portfolio of Investments April 30, 2021
(Unaudited)
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Texas (continued) | ||||||
Central Texas Regional Mobility Authority, Revenue Bonds, Senior Lien, Series 2015A: | ||||||
$360 | 5.000%, 1/01/35 | 7/25 at 100.00 | A- | 412,837 | ||
1,695 | 5.000%, 1/01/40 | 7/25 at 100.00 | A- | 1,943,690 | ||
205 | Clifton Higher Education Finance Corporation, Texas, Education Revenue Bonds, Idea Public Schools, Series 2011, 4.800%, 8/15/21 (ETM) | No Opt. Call | A- (5) | 207,653 | ||
95 | Clifton Higher Education Finance Corporation, Texas, Education Revenue Bonds, Uplift Education Charter School, Series 2013A, 3.100%, 12/01/22 | No Opt. Call | BBB- | 96,277 | ||
150 | Corpus Christi, Texas, General Obligation Bonds, General Improvement Series 2013, 5.000%, 3/01/27 (Pre-refunded 3/01/23) | 3/23 at 100.00 | AA (5) | 163,368 | ||
4,120 | Cypress-Fairbanks Independent School District, Harris County, Texas, General Obligation Bonds, Refunding Series 2015, 4.000%, 2/15/32 | 2/25 at 100.00 | AAA | 4,630,262 | ||
5,345 | Dallas Area Rapid Transit, Texas, Sales Tax Revenue Bonds, Refunding Series 2016A, 5.000%, 12/01/41 | 12/25 at 100.00 | AA+ | 6,294,432 | ||
5,980 | Dallas-Fort Worth International Airport, Texas, Joint Revenue Bonds, Improvement Series 2014B, 4.500%, 11/01/45 (AMT) | 11/22 at 100.00 | A+ | 6,303,937 | ||
820 | Decatur Hospital Authority, Texas, Revenue Bonds, Wise Regional Health System, Series 2013A, 6.625%, 9/01/31 | 9/23 at 100.00 | N/R | 916,399 | ||
100 | Fort Bend County Municipal Utility District 169, Texas, Contract Revenue Bonds, Water/Sewer/Drainage Facilities, Series 2013, 4.750%, 12/01/35 – AGM Insured | 12/21 at 100.00 | AA | 102,390 | ||
290 | Galveston County Municipal Utuility District 56, Texas, General Obligation Bonds, Series 2020, 4.500%, 12/01/25 – AGM Insured | No Opt. Call | AA | 343,322 | ||
Garland, Dallas, Collin and Rockwell Counties, Texas, Electric Utility System Revenue Bonds, Refunding Series 2019: | ||||||
1,280 | 5.000%, 3/01/30 | 3/29 at 100.00 | AA- | 1,620,506 | ||
1,190 | 5.000%, 3/01/31 | 3/29 at 100.00 | AA- | 1,507,956 | ||
1,790 | 5.000%, 3/01/32 | 3/29 at 100.00 | AA- | 2,252,894 | ||
Garland, Dallas, Collin and Rockwell Counties, Texas, Electric Utility System Revenue Bonds, Refunding Series 2019A: | ||||||
350 | 4.000%, 3/01/34 | 3/30 at 100.00 | AA- | 418,471 | ||
370 | 4.000%, 3/01/35 | 3/30 at 100.00 | AA- | 438,398 | ||
390 | 4.000%, 3/01/36 | 3/30 at 100.00 | AA- | 462,482 | ||
540 | 4.000%, 3/01/37 | 3/30 at 100.00 | AA- | 638,275 | ||
590 | 4.000%, 3/01/38 | 3/30 at 100.00 | AA- | 695,427 | ||
500 | 4.000%, 3/01/39 | 3/30 at 100.00 | AA- | 587,780 | ||
1,000 | Garland, Dallas, Collin and Rockwell Counties, Texas, Electric Utility System Revenue Bonds, Refunding Series 2020, 4.000%, 3/01/45 | 3/30 at 100.00 | Aa3 | 1,138,950 | ||
Grand Parkway Transportation Corporation, Texas, System Toll Revenue Bonds, Refunding First Tier Series 2020C: | ||||||
4,165 | 4.000%, 10/01/45 (UB) (4) | 4/30 at 100.00 | A+ | 4,865,303 | ||
4,990 | 4.000%, 10/01/49 | 4/30 at 100.00 | A+ | 5,804,318 | ||
5,000 | Grand Parkway Transportation Corporation, Texas, System Toll Revenue Bonds, Subordinate Lien Series 2018A Tela Supported, 5.000%, 10/01/43 (UB) (4) | 4/28 at 100.00 | AA+ | 6,181,400 |
40
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Texas (continued) | ||||||
Hackberry, Texas, Combination Special Assessment and Contract Revenue Road and Utility Bonds, Hidden Cove Improvement District 2, Series 2017: | ||||||
$955 | 4.500%, 9/01/32 | 9/27 at 100.00 | BBB- | 1,100,361 | ||
1,230 | 4.500%, 9/01/32 | 9/27 at 100.00 | BBB- | 1,417,218 | ||
9,000 | Harris County Flood Control District, Texas, Contract Tax Bonds, Refunding Series 2017A, 4.000%, 10/01/37 | 10/27 at 100.00 | AAA | 10,485,900 | ||
6,000 | Highland Park Independent School District, Dallas County, Texas, General Obligation Bonds, School Building Series 2016, 4.000%, 2/15/33 | 2/25 at 100.00 | Aaa | 6,735,900 | ||
Houston, Texas, Airport System Revenue Bonds, Refunding & Subordinate Lien Series 2018A: | ||||||
2,625 | 5.000%, 7/01/31 (AMT) | 7/28 at 100.00 | A1 | 3,245,445 | ||
2,000 | 5.000%, 7/01/35 (AMT) | 7/28 at 100.00 | A1 | 2,447,060 | ||
1,750 | 5.000%, 7/01/36 (AMT) | 7/28 at 100.00 | A1 | 2,135,665 | ||
1,665 | Houston, Texas, Airport System Revenue Bonds, Refunding & Subordinate Lien Series 2018C, 5.000%, 7/01/32 (AMT) | 7/28 at 100.00 | AA | 2,065,083 | ||
1,630 | Houston, Texas, Airport System Revenue Bonds, Refunding Subordinate Lien Series Series 2012A, 5.000%, 7/01/29 (Pre-refunded 7/01/22) (AMT) | 7/22 at 100.00 | A (5) | 1,718,509 | ||
2,855 | Houston, Texas, General Obligation Bonds, Refunding Public Improvement Series 2013A, 5.000%, 3/01/28 (Pre-refunded 3/01/23) | 3/23 at 100.00 | AA (5) | 3,109,438 | ||
2,500 | Keller Independent School District, Tarrant County, Texas, General Obligation Bonds, Refunding Series 2015A, 4.000%, 2/15/34 | 2/25 at 100.00 | AAA | 2,802,650 | ||
1,400 | Kerrville Health Facilities Development Corporation, Texas, Revenue Bonds, Sid Peterson Memorial Hospital Project, Series 2015, 5.000%, 8/15/35 | 8/25 at 100.00 | A | 1,595,286 | ||
4,825 | Little Elm Independent School District, Denton County, Texas, General Obligation Bonds, School Building Series 2018, 5.000%, 8/15/46 | 2/28 at 100.00 | AAA | 5,934,991 | ||
1,250 | Lower Colorado River Authority, Texas, Transmission Contract Revenue Bonds, LCRA Transmission Services Corporation Project, Refunding Series 2021, 5.000%, 5/15/41 | 5/30 at 100.00 | A+ | 1,589,925 | ||
Midtown Redevelopment Authority, Texas, Tax Increment Contract Revenue, Refunding Series 2015: | ||||||
500 | 5.000%, 1/01/24 | No Opt. Call | A | 556,930 | ||
300 | 5.000%, 1/01/25 | 1/24 at 100.00 | A | 335,511 | ||
1,000 | Montgomery County Municipal Utility District 47, Texas, Waterworks and Sewer System Unlimited Tax Bonds, Series 2020, 1.500%, 10/01/29 | 10/25 at 100.00 | Aa3 | 1,007,260 | ||
Montgomery County Toll Road Authority, Texas, Toll Road Revenue Bonds, Senior Lien Series 2018: | ||||||
1,585 | 5.000%, 9/15/29 | 9/25 at 100.00 | BBB- | 1,826,808 | ||
1,060 | 5.000%, 9/15/31 | 9/25 at 100.00 | BBB- | 1,212,534 | ||
585 | New Hope Cultural Education Facilities Finance Corporation, Texas, Capital Improvement Revenue Bonds, CHF-Collegiate Housing Denton, LLC - Texas Woman's University Housing Project, Series 2018A-1, 5.000%, 7/01/38 – AGM Insured | 7/27 at 100.00 | AA | 696,560 |
41
Municipal Total Return Managed Accounts Portfolio
(continued)
Portfolio of Investments April 30, 2021
(Unaudited)
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Texas (continued) | ||||||
New Hope Cultural Education Facilities Finance Corporation, Texas, Student Housing Revenue Bonds, NCCD - College Station Properties LLC - Texas A&M University Project, Series 2015A: | ||||||
$1,500 | 5.000%, 7/01/23 | No Opt. Call | Caa1 | 1,297,500 | ||
750 | 5.000%, 7/01/30 | 7/25 at 100.00 | Caa1 | 648,750 | ||
2,895 | North East Regional Mobility Authority, Texas, Revenue Bonds, Refunding Senior Lien Series 2016A, 5.000%, 1/01/29 | 1/26 at 100.00 | BBB | 3,396,414 | ||
2,950 | North East Regional Mobility Authority, Texas, Revenue Bonds, Subordinate Lien Series 2016B, 5.000%, 1/01/36 | 1/26 at 100.00 | BBB- | 3,380,729 | ||
2,120 | North Fort Bend Water Authority, Texas, Water System Revenue Bonds, Refunding Series 2019A, 4.000%, 12/15/38 | 12/29 at 100.00 | AA- | 2,541,350 | ||
North Houston Development Corporation, Texas, Tax Increment Contract Revenue Bonds, Refunding Series 2019: | ||||||
880 | 3.000%, 9/01/36 – AGM Insured | 9/29 at 100.00 | AA | 920,137 | ||
1,000 | 3.000%, 9/01/37 – AGM Insured | 9/29 at 100.00 | AA | 1,044,790 | ||
1,000 | North Texas Education Finance Corporation, Texas, Education Revenue Bonds, Uplift Education, Series 2012A, 5.125%, 12/01/42 (Pre-refunded 6/01/22) | 6/22 at 100.00 | BBB- (5) | 1,052,850 | ||
3,000 | North Texas Tollway Authority, System Revenue Bonds, Refunding First Tier Capital Appreciation Series 2008I, 6.500%, 1/01/43 | 1/25 at 100.00 | A+ | 3,569,670 | ||
1,500 | North Texas Tollway Authority, System Revenue Bonds, Refunding Second Tier Series 2018, 5.000%, 1/01/31 | 1/28 at 100.00 | A | 1,868,715 | ||
Port Freeport, Brazoria County, Texas, Revenue Bonds, Senior Lien Series 2018: | ||||||
1,050 | 5.000%, 6/01/34 (AMT) | 6/28 at 100.00 | A+ | 1,264,336 | ||
1,105 | 5.000%, 6/01/35 (AMT) | 6/28 at 100.00 | A+ | 1,328,343 | ||
1,500 | San Antonio, Texas, Airport System Revenue Bonds, Improvement Series 2015, 5.000%, 7/01/45 (AMT) | 7/25 at 100.00 | A1 | 1,727,880 | ||
4,140 | San Antonio, Texas, Water System Revenue Bonds, Refunding Series 2012A, 5.000%, 5/15/29 | 5/22 at 100.00 | AA+ | 4,344,433 | ||
1,490 | San Jacinto River Authority, Texas, Special Project Revenue Bonds, Woodlands Water Supply System Project, Refunding Series 2014, 5.000%, 10/01/29 – BAM Insured | 10/23 at 100.00 | AA | 1,652,559 | ||
890 | Southwest Higher Education Authority Inc, Texas, Revenue Bonds, Southern Methodist University Project, Refunding Series 2017, 5.000%, 10/01/39 | 10/27 at 100.00 | AA- | 1,083,148 | ||
3,975 | Tarrant County Cultural Education Facilities Finance Corporation, Texas, Hospital Revenue Bonds, Cook Childrens Medical Center, Series 2020, 3.000%, 12/01/40 | 12/29 at 100.00 | AA | 4,255,158 | ||
1,405 | Texas Municipal Gas Acquisition and Supply Corporation III, Gas Supply Revenue Bonds, Refunding Series 2021, 5.000%, 12/15/30 | No Opt. Call | A3 | 1,833,342 | ||
Texas Private Activity Bond Surface Transporation Corporation, Revenue Bonds, NTE Mobility Partners LLC North Tarrant Express Managed Lanes Project, Refunding Senior Lien Series 2019A: | ||||||
2,000 | 5.000%, 12/31/31 | 12/29 at 100.00 | Baa2 | 2,557,260 | ||
3,185 | 5.000%, 12/31/34 | 12/29 at 100.00 | Baa2 | 4,031,509 | ||
2,420 | 5.000%, 12/31/36 | 12/29 at 100.00 | Baa2 | 3,047,821 |
42
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Texas (continued) | ||||||
Texas Private Activity Bond Surface Transporation Corporation, Senior Lien Revenue Bonds, NTE Mobility Partners Segments 3 LLC Segments 3A & 3B Facility, Series 2013: | ||||||
$335 | 7.000%, 12/31/38 (AMT) | 9/23 at 100.00 | Baa3 | 382,406 | ||
455 | 6.750%, 6/30/43 (AMT) | 9/23 at 100.00 | Baa3 | 516,434 | ||
1,000 | Texas Private Activity Bond Surface Transportation Corporation, Senior Lien Revenue Bonds, LBJ Infrastructure Group LLC IH-635 Managed Lanes Project, Refunding Series 2020A, 4.000%, 12/31/32 | 12/30 at 100.00 | Baa2 | 1,188,550 | ||
215 | Texas Public Finance Authority Charter School Finance Corporation, Charter School Revenue Bonds, School of Excellence Education Project, Series 2004A, 7.000%, 12/01/34 | 6/21 at 100.00 | B- | 215,077 | ||
1,200 | Texas State, General Obligation Bonds, College Student Loan Series 2014, 6.000%, 8/01/25 (AMT) | 8/24 at 100.00 | AAA | 1,425,660 | ||
3,955 | Texas State, General Obligation Bonds, College Student Loan Series 2020A, 4.500%, 8/01/30 (AMT) | 2/30 at 100.00 | AAA | 5,017,946 | ||
Texas State, General Obligation Bonds, Refunding College Student Loan Series 2019: | ||||||
4,230 | 5.000%, 8/01/32 (AMT) | No Opt. Call | AAA | 5,810,201 | ||
4,445 | 5.000%, 8/01/33 (AMT) | No Opt. Call | AAA | 6,211,399 | ||
2,000 | Texas State, General Obligation Bonds, Transportation Commission Mobility Fund, Refunding Series 2014A, 5.000%, 10/01/26 | 10/24 at 100.00 | AAA | 2,320,000 | ||
7,000 | Texas State, General Obligation Bonds, Transportation Commission Mobility Fund, Refunding Series 2015A, 5.000%, 10/01/34 | 10/25 at 100.00 | AAA | 8,318,520 | ||
1,330 | Texas Transportation Commission, Central Texas Turnpike System Revenue Bonds, Refunding First Tier Series 2012A, 5.000%, 8/15/41 (Pre-refunded 8/15/22) | 8/22 at 100.00 | A (5) | 1,411,595 | ||
Texas Transportation Commission, Central Texas Turnpike System Revenue Bonds, Refunding Second Tier Series 2015C: | ||||||
500 | 5.000%, 8/15/24 | No Opt. Call | A- | 578,180 | ||
1,140 | 5.000%, 8/15/29 | 8/24 at 100.00 | A- | 1,292,931 | ||
7,000 | Texas Water Development Board, State Water Implementation Revenue Fund Bonds, Master Trust Series 2015A, 4.000%, 10/15/34 | 10/25 at 100.00 | AAA | 7,985,880 | ||
1,250 | Texas Water Development Board, State Water Implementation Revenue Fund Bonds, Master Trust Series 2016, 5.000%, 10/15/46 | 10/26 at 100.00 | AAA | 1,517,400 | ||
Travis County Water Control and Improvement District 17, Steiner Ranch Defined Area, Texas, General Obligation Bonds, Refunding Series 2020: | ||||||
1,250 | 3.000%, 5/01/28 – BAM Insured | No Opt. Call | AA | 1,402,737 | ||
1,105 | 3.000%, 5/01/29 – BAM Insured | No Opt. Call | AA | 1,238,186 | ||
1,000 | Tyler Health Facilities Development Corporation, Texas, Hospital Revenue Bonds, Mother Frances Hospital Regional Healthcare Center, Series 2011, 5.250%, 7/01/23 (Pre-refunded 7/01/21) | 7/21 at 100.00 | N/R (5) | 1,007,930 | ||
2,000 | University of Houston, Texas, Consolidated Revenue Bonds, Refunding Series 2017C, 5.000%, 2/15/29 | 2/26 at 100.00 | AA | 2,391,660 | ||
1,645 | Uptown Development Authority, Houston, Texas, Tax Increment Contract Revenue Bonds, Infrastructure Improvement Facilities, Series 2017A, 5.000%, 9/01/39 | 9/26 at 100.00 | BBB | 1,881,419 |
43
Municipal Total Return Managed Accounts Portfolio
(continued)
Portfolio of Investments April 30, 2021
(Unaudited)
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Texas (continued) | ||||||
Washington County Junior College District, Texas, Combined Fee Revenue Bonds, Refunding Series 2020: | ||||||
$1,700 | 5.000%, 10/01/29 – AGM Insured | No Opt. Call | AA | 2,221,577 | ||
1,775 | 5.000%, 10/01/30 – AGM Insured | No Opt. Call | AA | 2,340,692 | ||
1,385 | 4.000%, 10/01/31 – AGM Insured | 10/30 at 100.00 | AA | 1,682,803 | ||
800 | Wylie Independent School District, Collin County, Texas, General Obligation Bonds, Refunding Series 2015C, 6.500%, 8/15/28 | 8/24 at 100.00 | Aaa | 956,728 | ||
204,930 | Total Texas | 240,983,591 | ||||
Utah – 1.7% | ||||||
2,870 | Emery County School District, Utah, General Obligation Bonds, Series 2021, 2.000%, 6/15/41 | 12/30 at 100.00 | Aaa | 2,913,624 | ||
1,255 | Lehi, Utah, Sales Tax Revenue Bonds, Series 2018, 5.250%, 6/01/38 | 6/28 at 100.00 | AA+ | 1,565,989 | ||
Salt Lake City, Utah, Airport Revenue Bonds, International Airport Series 2017A: | ||||||
1,875 | 5.000%, 7/01/34 (AMT) | 7/27 at 100.00 | A | 2,263,969 | ||
2,280 | 5.000%, 7/01/35 (AMT) | 7/27 at 100.00 | A | 2,748,722 | ||
2,000 | Salt Lake City, Utah, Airport Revenue Bonds, International Airport Series 2018A, 5.000%, 7/01/30 (AMT) | 7/28 at 100.00 | A | 2,498,060 | ||
Utah Charter School Finance Authority, Charter School Revenue Bonds, Utah Charter Academies Project, Series 2018: | ||||||
500 | 5.000%, 10/15/29 | 10/27 at 100.00 | AA | 603,250 | ||
500 | 5.000%, 10/15/31 | 10/27 at 100.00 | AA | 596,360 | ||
Utah Charter School Finance Authority, Utah, Charter School Revenue Bonds, Spectrum Academy Project, Series 2020: | ||||||
250 | 4.000%, 4/15/29 | No Opt. Call | Aa2 | 294,500 | ||
705 | 4.000%, 4/15/30 | No Opt. Call | Aa2 | 837,540 | ||
760 | 4.000%, 4/15/32 | 4/30 at 100.00 | Aa2 | 894,657 | ||
400 | Utah County, Utah, Hospital Revenue Bonds, IHC Health Services Inc, Series 2016B, 4.000%, 5/15/47 | 5/24 at 100.00 | AA+ | 428,436 | ||
5,000 | Utah County, Utah, Hospital Revenue Bonds, IHC Health Services Inc, Series 2020A, 5.000%, 5/15/43 (UB) (4) | 5/30 at 100.00 | AA+ | 6,400,800 | ||
Utah Infrastructure Agency, Telecommunications and Franchise Tax Revenue, Series 2011A: | ||||||
500 | 5.250%, 10/15/33 – AGM Insured (Pre-refunded 10/15/21) | 10/21 at 100.00 | A2 (5) | 511,440 | ||
520 | 5.400%, 10/15/36 – AGM Insured (Pre-refunded 10/15/21) | 10/21 at 100.00 | A2 (5) | 532,246 | ||
750 | Utah Infrastructure Agency, Telecommunications Revenue Bonds, Series 2021, 4.000%, 10/15/38 | 4/31 at 100.00 | BBB- | 876,390 | ||
1,600 | Weber Basin Water Conservancy District, Utah, Water Revenue Bonds, Series 2021A, 4.000%, 4/01/46 | 4/29 at 100.00 | AAA | 1,874,704 | ||
21,765 | Total Utah | 25,840,687 |
44
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Vermont – 0.2% | ||||||
Vermont Educational and Health Buildings Financing Agency, Revenue Bonds, University of Vermont Medical Center Project, Green Series 2016B: | ||||||
$1,270 | 5.000%, 12/01/37 | 6/26 at 100.00 | A+ | 1,493,761 | ||
1,500 | 5.000%, 12/01/38 | 6/26 at 100.00 | A+ | 1,761,450 | ||
2,770 | Total Vermont | 3,255,211 | ||||
Virginia – 1.2% | ||||||
1,065 | Chesapeake Bay Bridge and Tunnel District, Virginia, General Resolution Revenue Bonds, First Tier Series 2016, 5.000%, 7/01/41 – AGM Insured | 7/26 at 100.00 | AA | 1,267,797 | ||
3,375 | Fairfax County Economic Development Authority, Virginia, Transportation Contract Revenue Bonds, Route 28 Project, Refunding Series 2016B, 3.000%, 4/01/36 | 4/26 at 100.00 | AA+ | 3,629,543 | ||
2,000 | Fairfax County Industrial Development Authority, Virginia, Healthcare Revenue Bonds, Inova Health System, Series 2018A, 4.000%, 5/15/48 (UB) (4) | 5/28 at 100.00 | AA+ | 2,281,000 | ||
1,400 | Fredericksburg Economic Development Authority, Virginia, Revenue Bonds,Mary Washington Healthcare Obligated Group, Refunding Series 2014, 5.000%, 6/15/33 | 6/24 at 100.00 | A3 | 1,562,386 | ||
3,000 | Front Royal and Warren County Industrial Development Authority, Virginia, Hospital Revenue Bonds, Valley Health System Obligated Group, Series 2018, 4.000%, 1/01/50 | 1/25 at 103.00 | A+ | 3,267,870 | ||
2,135 | Lynchburg, Virginia, General Obligation Bonds, Public Improvement, Series 2020, 5.000%, 8/01/28 | No Opt. Call | AA+ | 2,761,879 | ||
475 | Stafford County Economic Development Authority, Virginia, Hospital Facilities Revenue Bonds, Mary Washington Healthcare Obligated Group, Refunding Series 2016, 5.000%, 6/15/27 | 6/26 at 100.00 | A3 | 574,137 | ||
815 | Virginia College Building Authority, Educational Facilities Revenue Bonds, Washington and Lee University, Series 2001, 5.750%, 1/01/34 | No Opt. Call | AA | 1,213,445 | ||
1,750 | Virginia Small Business Financing Authority, Private Activity Revenue Bonds, Transform 66 P3 Project, Senior Lien Series 2017, 5.000%, 12/31/47 (AMT) | 6/27 at 100.00 | BBB | 2,098,565 | ||
40 | Virginia Small Business Financing Authority, Senior Lien Revenue Bonds, Elizabeth River Crossing, Opco LLC Project, Series 2012, 4.750%, 1/01/25 (AMT) | 7/22 at 100.00 | BBB | 42,023 | ||
16,055 | Total Virginia | 18,698,645 | ||||
Washington – 2.2% | ||||||
Camas, Washington, Water and Sewer Revenue Bonds, Series 2019: | ||||||
720 | 5.000%, 12/01/44 | 12/28 at 100.00 | Aa3 | 882,670 | ||
1,255 | 5.000%, 12/01/47 | 12/28 at 100.00 | Aa3 | 1,533,848 | ||
3,000 | Central Puget Sound Regional Transit Authority, Washington, Sales Tax and Motor Vehicle Excise Tax Bonds, Green Series 2016S-1, 5.000%, 11/01/35 (UB) (4) | 11/26 at 100.00 | AAA | 3,660,270 | ||
1,700 | Chelan County Public Utility District 1, Washington, Consolidated System Revenue Bonds Series 2011A, 5.500%, 7/01/24 (AMT) | 7/21 at 100.00 | AA+ | 1,713,991 | ||
2,500 | Chelan County Public Utility District 1, Washington, Consolidated System Revenue Bonds Series 2011B, 5.500%, 7/01/26 (AMT) | 7/21 at 100.00 | AA+ | 2,519,850 | ||
1,915 | Energy Northwest, Washington, Electric Revenue Bonds, Columbia Generating Station, Refunding Series 2019A, 5.000%, 7/01/36 | 7/29 at 100.00 | Aa2 | 2,476,325 | ||
1,705 | King County School District 415 Kent, Washington, General Obligation Bonds, Series 2019, 4.000%, 12/01/38 | 12/29 at 100.00 | Aaa | 2,045,693 |
45
Municipal Total Return Managed Accounts Portfolio
(continued)
Portfolio of Investments April 30, 2021
(Unaudited)
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Washington (continued) | ||||||
$1,355 | Lakewood Water District, Pierce County, Washington, Water Revenue Bonds, 2019A, 5.000%, 12/01/44 (AMT) | 12/28 at 100.00 | AA- | 1,630,282 | ||
2,500 | Pierce County School District 403, Bethel, Washington, General Obligation Bonds, Series 2019, 5.000%, 12/01/37 | 6/29 at 100.00 | Aaa | 3,202,050 | ||
2,000 | Port of Seattle, Washington, Revenue Bonds, Intermediate Lien Series 2015C, 5.000%, 4/01/29 (AMT) | 10/24 at 100.00 | AA- | 2,278,260 | ||
2,000 | Washington Health Care Facilities Authority, Revenue Bonds, Seattle Children's Hospital, Series 2017A, 5.000%, 10/01/47 (UB) (4) | 10/27 at 100.00 | Aa2 | 2,408,280 | ||
Washington State, Certificates of Participation, State & Local Agency Real & Personal Property Series 2020B: | ||||||
2,100 | 5.000%, 7/01/39 | 7/30 at 100.00 | Aa1 | 2,731,764 | ||
2,190 | 5.000%, 7/01/40 | 7/30 at 100.00 | Aa1 | 2,842,948 | ||
3,000 | Washington State, General Obligation Bonds, Various Purpose Series 2021C, 5.000%, 2/01/36 | 2/31 at 100.00 | Aaa | 4,013,370 | ||
27,940 | Total Washington | 33,939,601 | ||||
West Virginia – 0.5% | ||||||
1,000 | Marshall University, West Virginia, University Revenue Bonds, Refunding & Improvement Series 2020A, 3.000%, 5/01/46 – AGM Insured | 5/30 at 100.00 | AA | 1,052,890 | ||
1,150 | West Virginia Higher Education Policy Commission, Revenue Bonds, Higher Education Facilities, Series 2012A, 5.000%, 4/01/29 | 4/22 at 100.00 | Aa3 | 1,198,771 | ||
250 | West Virginia Hospital Finance Authority, Hospital Revenue Bonds, West Virginia United Health System Obligated Group, Refunding Series 2016A, 4.000%, 6/01/35 | 6/26 at 100.00 | A | 276,690 | ||
2,545 | West Virginia State, General Obligation Bonds, State Road Series 2019A, 5.000%, 6/01/41 | 6/29 at 100.00 | Aa2 | 3,245,486 | ||
1,250 | West Virginia Water Development Authority, Infrastructure Excess Lottery Revenue Bonds, Chesapeake Bay/Greenbrier River Projects, Series 2014A, 5.000%, 7/01/34 | 7/24 at 100.00 | AAA | 1,421,000 | ||
6,195 | Total West Virginia | 7,194,837 | ||||
Wisconsin – 1.9% | ||||||
100 | Public Finance Authority of Wisconsin, Charter School Revenue Bonds, Voyager Foundation Inc of North Carolina, Series 2012A, 5.500%, 10/01/22 (ETM) | No Opt. Call | Baa3 (5) | 104,569 | ||
Public Finance Authority of Wisconsin, Hospital Revenue Bonds, Renown Regional Medical Center Project, Refunding Series 2020A: | ||||||
2,950 | 5.000%, 6/01/38 | 6/30 at 100.00 | A+ | 3,779,835 | ||
5,000 | 4.000%, 6/01/39 | 6/30 at 100.00 | A+ | 5,842,500 | ||
1,775 | Public Finance Authority, Wisconsin, Educational Revenue Bonds, Lake Norman Charter School, Series 2018A, 5.000%, 6/15/38, 144A | 6/26 at 100.00 | BBB- | 1,983,012 | ||
620 | Sun Prairie, Wisconsin, General Obligation Bonds, Promissory Notes Series 2020A, 3.000%, 4/01/27 | No Opt. Call | Aa2 | 696,756 | ||
485 | University of Wisconsin Hospitals and Clinics Authority, Revenue Bonds, Tender Option Bond Trust 2015-XF0127, 17.664%, 4/01/38 (Pre-refunded 4/01/23), 144A (IF) (4) | 4/23 at 100.00 | AA- (5) | 662,985 | ||
685 | Wisconsin Health and Educational Facilities Authority, Revenue Bonds, Gundersen Lutheran, Series 2012, 5.000%, 11/15/44 | 11/22 at 100.00 | AA- | 725,436 |
46
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Wisconsin (continued) | ||||||
$2,410 | Wisconsin Health and Educational Facilities Authority, Revenue Bonds, Marshfield Clinic, Series 2016B, 5.000%, 2/15/34 | 2/26 at 100.00 | A- | 2,778,296 | ||
335 | Wisconsin Health and Educational Facilities Authority, Wisconsin, Revenue Bonds, Fort Healthcare, Series 2014, 5.000%, 5/01/25 | 5/24 at 100.00 | BBB+ | 374,064 | ||
Wisconsin Health and Educational Facilities Authority, Wisconsin, Revenue Bonds, Franciscan Sisters of Christian Charity Sponsored Ministry, Series 2017A: | ||||||
1,840 | 5.000%, 9/01/28 (Pre-refunded 9/01/27) | 9/27 at 100.00 | BBB- (5) | 2,309,219 | ||
700 | 5.000%, 9/01/29 (Pre-refunded 9/01/27) | 9/27 at 100.00 | BBB- (5) | 878,507 | ||
5,000 | Wisconsin Health and Educational Facilities Authority, Wisconsin, Revenue Bonds, Froedtert Health, Inc Obligated Group, Series 2017A, 5.000%, 4/01/35 | 4/27 at 100.00 | AA | 6,060,150 | ||
1,505 | Wisconsin Health and Educational Facilities Authority, Wisconsin, Revenue Bonds, Monroe Clinic Inc, Refunding Series 2016, 5.000%, 2/15/30 (Pre-refunded 8/15/25) | 8/25 at 100.00 | N/R (5) | 1,790,739 | ||
100 | Wisconsin Health and Educational Facilities Authority, Wisconsin, Revenue Bonds, Rogers Memorial Hospital, Inc, Series 2014A, 5.000%, 7/01/26 | 7/24 at 100.00 | A | 113,243 | ||
1,850 | Wisconsin State, Transportation Revenue Bonds, Series 2021A, 3.000%, 7/01/41 | 7/30 at 100.00 | AA+ | 2,051,761 | ||
25,355 | Total Wisconsin | 30,151,072 | ||||
Wyoming – 0.2% | ||||||
2,000 | West Park Hospital District, Wyoming, Hospital Revenue Bonds, Series 2011A, 6.375%, 6/01/26 | 6/21 at 100.00 | BBB | 2,009,240 | ||
1,000 | Wyoming Municipal Power Agency, Power Supply System Revenue Bonds, Refunding Series 2017A, 5.000%, 1/01/34 – BAM Insured (Pre-refunded 1/01/27) | 1/27 at 100.00 | AA (5) | 1,242,530 | ||
3,000 | Total Wyoming | 3,251,770 | ||||
$1,396,612 | Total Long-Term Investments (cost $1,548,041,735) | 1,646,673,001 | ||||
Floating Rate Obligations – (7.4)% | (114,490,000) | |||||
Other Assets Less Liabilities – 1.6% | 23,744,215 | |||||
Net Assets – 100% | $1,555,927,216 |
47
Municipal Total Return Managed Accounts Portfolio
(continued)
Portfolio of Investments April 30, 2021
(Unaudited)
Part F of Form N-PORT was prepared
in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”) and in conformity with the applicable rules and regulations of the U.S. Securities and Exchange Commission (“SEC”)
related to interim filings. Part F of Form N-PORT does not include all information and footnotes required by U.S. GAAP for complete financial statements. Certain footnote disclosures normally included in financial
statements prepared in accordance with U.S. GAAP have been condensed or omitted from this report pursuant to the rules of the SEC. For a full set of the Fund’s notes to financial statements, please refer to the
Fund’s most recently filed annual or semi-annual report.
Fair Value Measurements
The Fund's investments in securities
are recorded at their estimated fair value utilizing valuation methods approved by the Board of Directors/Trustees. Fair value is defined as the price that would be received upon selling an investment or transferring
a liability in an orderly transaction to an independent buyer in the principal or most advantageous market for the investment. U.S. GAAP establishes the three-tier hierarchy which is used to maximize the use of
observable market data and minimize the use of unobservable inputs and to establish classification of fair value measurements for disclosure purposes. Observable inputs reflect the assumptions market participants
would use in pricing the asset or liability. Observable inputs are based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect management’s assumptions about the
assumptions market participants would use in pricing the asset or liability. Unobservable inputs are based on the best information available in the circumstances. The following is a summary of the three-tiered
hierarchy of valuation input levels.
Level 1
– Inputs are unadjusted and prices are determined using quoted prices in active markets for identical securities.
Level 2 – Prices are determined using other significant observable inputs (including quoted prices for similar securities, interest rates, credit spreads, etc.).
Level 3 – Prices are determined using significant unobservable inputs (including management’s assumptions in determining the fair value of investments).
The following table summarizes the
market value of the Fund's investments as of the end of the reporting period, based on the inputs used to value them:
Level 1 | Level 2 | Level 3 | Total | |
Long-Term Investments: | ||||
Municipal Bonds | $ — | $1,646,673,001 | $ — | $1,646,673,001 |
(1) | All percentages shown in the Portfolio of Investments are based on net assets. | |
(2) | Optional Call Provisions: Dates (month and year) and prices of the earliest optional call or redemption. There may be other call provisions at varying prices at later dates. Certain mortgage-backed securities may be subject to periodic principal paydowns. | |
(3) | For financial reporting purposes, the ratings disclosed are the highest of Standard & Poor’s Group (“Standard & Poor’s”), Moody’s Investors Service, Inc. (“Moody’s”) or Fitch, Inc. (“Fitch”) rating. This treatment of split-rated securities may differ from that used for other purposes, such as for Fund investment policies. Ratings below BBB by Standard & Poor’s, Baa by Moody’s or BBB by Fitch are considered to be below investment grade. Holdings designated N/R are not rated by any of these national rating agencies. | |
(4) | Investment, or portion of investment, has been pledged to collateralize the net payment obligations for investments in inverse floating rate transactions. | |
(5) | Backed by an escrow or trust containing sufficient U.S. Government or U.S. Government agency securities, which ensure the timely payment of principal and interest. | |
(6) | Defaulted security. A security whose issuer has failed to fully pay principal and/or interest when due, or is under the protection of bankruptcy. | |
(7) | Step-up coupon bond, a bond with a coupon that increases ("steps up"), usually at regular intervals, while the bond is outstanding. The rate shown is the coupon as of the end of the reporting period. | |
144A | Investment is exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These investments may only be resold in transactions exempt from registration, which are normally those transactions with qualified institutional buyers. | |
AMT | Alternative Minimum Tax | |
ETM | Escrowed to maturity | |
IF | Inverse floating rate security issued by a tender option bond (“TOB”) trust, the interest rate on which varies inversely with the Securities Industry Financial Markets Association (SIFMA) short-term rate, which resets weekly, or a similar short-term rate, and is reduced by the expenses related to the TOB trust. | |
UB | Underlying bond of an inverse floating rate trust reflected as a financing transaction. See Notes to Financial Statements, Note 4 – Portfolio Securities and Investments in Derivatives for more information. | |
WI/DD | Purchased on a when-issued or delayed delivery basis. |
48